Question $27$

$0\mathrm{.}5pts$

One major difference between an Export Trading Company $($ETC$)$ and an Export Management Company $($EMC$)$ is that

An ETC focuses on logistics trade services, whereas an EMC focuses on logistical services in the importing country.

An ETC assumes title for the goods in the exporting country and transfers title of the goods to the importer in the foreign country, whereas an EMC handles only the details of export transactions.

An ETC functions like an export department, whereas an EMC functions like an import department.

An ETC manages market research in the foreign country, whereas an EMC does not.

Question $28$

$0\mathrm{.}5pts$

A distribution channel is said to be when there are several intermediaries between the manufacturer and end user.

long

consolidated

fragmented

exclusive