Which of the Following Statements Is Incorrect

question 32

Multiple Choice

Which of the following statements is incorrect?

• A)Exporting permits a broader and quicker coverage of world markets with the ability to respond to changes.Risks are lower, but costs tend to be higher because of transhipment and transaction expenses.
• B)An increase will occur in the trend towards strategic alliances, or partnering, permitting the formation of collaborative arrangements between firms.
• C)FDI reflects the long-term nature of a firm's objectives and makes use of local advantages.
• D)The least visible and powerful players in the FDI field are larger-sized firms and multinational corporations.

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Definitions:

Social Insurance Tax

Taxes imposed on employees and employers to fund public insurance programs, such as social security, health care, and unemployment benefits.

Social Security

Social Security is a government system that provides financial assistance to people with an inadequate or no income, primarily the elderly, disabled, and survivors.

Income Support

Government-provided financial assistance aimed at ensuring individuals can meet a minimum standard of living.

Efficient Tax System

An efficient tax system is one that collects government revenues with minimal economic distortion, allowing for effective allocation of resources without significantly hampering growth.