For Small Businesses, Export Start-Up Costs Are Always Very High

question 55

True/False

For small businesses, export start-up costs are always very high.

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Definitions:

Wage Rate

The standard amount of pay given to workers per unit of time, often per hour or year.

Transfers

Transactions where wealth or income is redistributed from one party to another without any exchange of goods or services, such as grants or social security payments.

Households

Units of one or more persons living together who make joint decisions on consumption, work, and income generation.

Discrimination Coefficient

A measure in economics and social sciences to quantify the degree of discrimination or bias shown towards or against a particular group or individual.