Which of the following is NOT an advantage of exporting?

The correct answer highlights that minimizing the cost of foreign market entry is not typically considered an advantage of exporting. In fact, exporting can involve significant costs, including shipping, tariffs, and compliance with international regulations, which can sometimes be more expensive than other modes of market entry, such as foreign direct investment or forming strategic partnerships.

In contrast, exporting does provide several advantages, such as more opportunities to learn about foreign markets and consumer preferences, which can enhance a company's understanding and adaptability. Additionally, exporting can lead to increased sales, market share, and profit margins by opening up new markets for existing products. Lastly, it allows businesses to diversify their customer base, reducing dependence on domestic sales alone and spreading risk across different markets.