State whether it is true or false.

Exporters face stiff competition and rigid demands.

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True

False

answer is A.

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Detailed Solution

The above statement is true.
The main role of an exporter is to sell goods or commodities from the country of origin to other countries. For instance, an Indian exporter in the field of garments would sell the produced garments to abroad buyers. Generally, big business persons from developed nations such as the US, have clothing stores across the world, and to cut their costs and maximize their profit, they send manufacturing orders to manufacturers and exporters from third-world countries. Thus, the exporters have to fulfill the demands of their foreign clients by exporting them with the finest quality of garments at the lowest cost within a stipulated time. In case they fail to do so, foreign clients can turn to other manufacturers and exporters. Thus, the exporters face stiff competition and rigid demands.

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