Question

What are the ways of importing and exporting?

• A. Regular-irregular
• B. Sufficient-insufficient
• C. Direct-indirect
• D. None of the above

Answer 1

Answer: (C)

Direct-indirect

• The two ways of importing and exporting are Direct and indirect.
  
• Direct method involves making the goods available directly to the target customer in a market or by setting up a branch office or subsidiary in the foreign country.
  
• Indirect method involves making the goods available to the customers through a channel partner.