Final answer:
True. Indirect exporting involves contracting with intermediaries located in the foreign market to handle the export process on behalf of the company.
Step-by-step explanation:
True
Indirect exporting is a method of exporting where a company contracts with intermediaries located in the foreign market to handle the export process on its behalf. These intermediaries, such as agents or distributors, have knowledge and expertise about the foreign market and can assist the company in navigating the complexities of international trade.
For example, a company based in the United States that wants to export its products to Germany may contract with a German distributor to handle the distribution and marketing of its products in the German market.
Indirect exporting is a common strategy used by companies to enter foreign markets without having to set up their operations in those markets. It allows companies to benefit from the local knowledge and network of intermediaries, while still maintaining control over the export process.