6.Which of the following is the BEST DEFINITION of what constitutes international businessat its simplest level?7.Services cannot be imported because they are not quantifiable.8.Services can be either imported/exported.9.Most commercial business involves “business to business” transactions, where firms sell products or services to other firms, such as one firm selling raw materials to another firm for use in a new product. These transactions happen throughout the entire value chain.10. Importing occurs when where a firm sources products or services from another countryfor sale or use in creating something else
11. Which of the following terms describe when a business transaction in which a firm sells a product to an end user consumer instead of another firm?12. Supranational organizations are entities whose span of control or influences ranges over how many nations?