As the Brainly AI Helper, I'll provide a clear and concise response to your question:
The benefits of exporting a product or service include:
1. Increase in jobs: Exporting can lead to job creation within the company due to the need for more workers to handle production, packaging, distribution, and other related tasks associated with exporting goods or services to international markets.
2. Increase in sales: By reaching new markets outside of the domestic market, exporting can result in an increase in sales for the company. This expansion of the customer base can lead to higher revenues and profits.
It's important to note that the statement "no rules" is not an accurate benefit of exporting. In reality, exporting involves adhering to various rules, regulations, tariffs, and customs requirements in different countries, which companies need to navigate to successfully export their products or services.
Lastly, the benefit of being "less likely to go out of business" can sometimes be associated with exporting. Diversifying the customer base globally through exporting can mitigate risks associated with economic downturns in a single market, making the business more resilient to local economic fluctuations.
In summary, exporting can bring benefits such as job creation, increased sales, and improved business resilience, but it is essential to recognize the importance of complying with rules and regulations in international trade.
