Question

what is a characteristic of a merchant wholesaler?

it is an independently owned firm.

it only handles the exchange of goods for international markets.

it does not take title to the goods it handles.

it represents a small percentage of all types of wholesalers.

Explanation:

Merchant wholesalers are independently - owned firms that take title to the goods they handle. They are not limited to international markets (eliminating the second option). They do take title (eliminating the third option). And merchant wholesalers actually represent a large percentage of wholesalers (eliminating the fourth option).

Answer:

It is an independently owned firm.