When entering a foreign market, the least risky strategy is Exporting.
When a nation creates goods and services and sells them to another nation, this is known as exporting. Energy, autos, food, and raw materials are typical exports.
Exporting refers to the process by which businesses produce their products in one nation and ship them to another in order to sell them to clients in other nations.
One approach for companies to quickly increase their potential market is through exporting.
According to the United States Office of the Trade Representative, approximately 75% of the world's purchasing power is located outside the U.S. and 95% of consumers reside outside the country.
Exports are a huge industry. In actuality, the US exported $2.134 trillion worth of goods and services in 2020.
Hence, option B is correct.
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