Which of the Following Statements Is Correct

question 50

Multiple Choice

Which of the following statements is correct?

• A) Financial institutions in other countries generally are less regulated than in the United States.
• B) One reason domestic firms "go global" is to sell products in saturated markets.
• C) Often firms can avoid regulatory hurdles that apply to foreign manufacturers by establishing manufacturing units in the country where the hurdles apply.
• D) One of the advantages associated with doing business in international markets is that all countries report their financial statements in the US dollar.
• E) Cultural differences among countries gives advantage to a multinational firm to use the same marketing strategy that is, packaging, advertising, and so forth.in every country in which it operates.

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Definitions:

Marginal Benefit

The increased pleasure or benefit received from consuming an additional unit of a product or service.

Stadium

A large, often outdoor structure for sports, concerts, or other events, featuring tiers of seats for spectators.

Pork-Barrel Legislation

Government spending for localized projects secured primarily to bring money to a representative's district, often criticized as wasteful and politically motivated.

Earmarks

Funds that are directed to specific projects, beneficiaries, or locations, often within larger spending bills, typically by legislative provisions.