The Growth of Export Industries _____ the Exporting Country

question 140

Multiple Choice

The growth of export industries _____ the exporting country.

• A) reduces imports in
• B) provides low-cost labor in
• C) creates local jobs in
• D) increases financial resources for
• E) leads to an excess supply of products in

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Definitions:

Assignable

Refers to the capability of transferring rights or interests in a contract or financial instrument to another party.

Revoked

The act of officially canceling or rescinding a legal right, license, permission, or privilege.

Firm Offer

A binding proposal to sell or buy goods that holds the offering party to its terms for a certain period.

Merchant

An individual or company engaged in the business of buying and selling goods for profit.