Which of the Following Would Not Be Used by an Exporter

question 67

Multiple Choice

Which of the following would not be used by an exporter with a weak home-country currency?

• A)expand product line and add more costly feature
• B)speed repatriation of foreign-earned income
• C)buy advertising,insurance,and other services in home-country market
• D)shift sourcing outside home-country market
• E)exploit marketing opportunities in all markets

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Definitions:

Demand

The capacity for purchasing goods or services that people demonstrate readiness and financial ability for, at diverse price levels, during a certain timeframe.

Law Of Demand

The economic principle stating that as the price of a good or service increases, consumer demand for the good or service will decrease, and vice versa.

Income Increases

A situation wherein individuals or entities experience a rise in their earnings or profits over a certain period.

Inferior Good

A type of good for which demand decreases as the income of consumers increases, in contrast to a normal good.