An Important Factor to Consider When a Nation Considers

question 8

Multiple Choice

An important factor to consider when a nation considers
Subsidies for export promotion is whether:

• A)the firms will follow through on their plans.
• B)costs will rise or fall.
• C)the subsidy and continued support will force foreign firms out of the market.
• D)the government can afford to do it.

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Definitions:

New Buy

A purchasing situation in which a business customer is buying a product or service for the first time, requiring extensive decision-making and research.

IBM

International Business Machines Corporation, a multinational technology and consulting company known for its computer hardware, software, and IT services.

B2B Marketing

The marketing of goods and services directly to other businesses or organizations rather than to individual consumers.

Derived Demand

The demand for a product or service that arises due to the demand for another product or service it helps to produce.