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107) What is contract manufacturing? What are the advantages and disadvantages of contract manufacturing?108) What is indirect exporting?109) Briefly describe the services provided by manufacturers' agents, manufacturers'export agents, export and import brokers, and freight forwarders.Answer:Manufacturers' agents solicit domestic orders for foreign manufacturers,usually on a commission basis. Manufacturer's export agents act as foreign salesdepartments for domestic manufacturers, selling those firms' goods in foreignmarkets. Export and import brokers bring together international buyers and sellers ofsuch standardized commodities as coffee, cocoa, and grains. Freight forwardersspecialize in the physical transportation of goods, arranging customs documentation,and obtaining transportation services for their clients.110) What is the difference between international licensing and international franchising? What are the advantages of each entry mode?111) How is compensation typically addressed in international licensing and franchising contracts? What basic issues should be addressed in such contracts?