Which of the Following Are Exporter Strategies When the Domestic

question 57

Multiple Choice

Which of the following are exporter strategies when the domestic currency is strong?

• A)stress price benefits.
• B)engage in nonprice competition by improving quality, delivery, and after sale service.
• C)expand the product line and add more.
• D)shift sourcing and manufacturing to domestic market.
• E)exploit export opportunities in all markets.

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Definitions:

Ratify

To formally approve or confirm an agreement, treaty, or action, making it officially valid.

Disaffirm

To disaffirm means to officially reject, deny, or renounce a contract or agreement, especially by a minor or someone not fully competent.

Disaffirm

The legal act of renouncing or rejecting a contract or agreement, particularly one entered into by a minor.

Tort Theory

A framework within civil law that addresses and provides remedies for civil wrongs not arising from contractual obligations, where one party's negligence or intentional act causes harm to another.