O-LevelCommerceGlobal trade7100/12 · May/June 2014 · Q111 Mark
The diagram shows four different intermediaries a manufacturer, Salmon & Company, could use to export its products. [Figure 11.1 - Diagram showing Salmon & Company connected to agent, merchant, broker, factor] Which activity applies only to a merchant when preparing to export Salmon & Company's products?
This question uses a diagram from the original paper, which isn't shown here. Open the full paper from the past papers archive to see it.
Aarranging necessary transport to carry products to other countries
Bbuying the products before selling them for profit
Cfinding and dealing with creditworthy buyers in other countries
Dproviding suitable warehousing while the products await export
✓ Correct answer
B: buying the products before selling them for profit
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