A firm is engaging in exporting when its products are sold in foreign countries with little or no effort to obtain foreign sales.
What is an exporting?
It is one of the mode of entering international business and it is defined as mode of transporting or causing to be transported either directly or through another party a product to a foreign country.
Whien a foreign dealer does not obtain foreign sales and their businesses sell their goods and services to customers in other countries, they are basically exporting them.
Most firm engage in exporting because it is the one way that businesses can rapidly expand their potential market
Hence, the firm is engaging in exporting when its products are sold in foreign countries with little or no effort to obtain foreign sales.
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