Which of the Following Is an Advantage of Exporting

question 44

Multiple Choice

Which of the following is an advantage of exporting?

• A)It allows focal firms to attain maximum control by establishing ownership of key assets in the foreign market.
• B)It is a high-control strategy that requires substantial resource commitment when compared to equity joint ventures.
• C)It minimizes exposure to tariffs and other trade barriers, as well as fluctuations in exchange rates.
• D)It increases overall sales volume, improves market share, and reduces per-unit costs of manufacturing.

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Definitions:

Multidimensionalism

The concept that various factors or dimensions contribute to a phenomenon, allowing for complexity and multiple perspectives.

Multidirectionality

The concept that human development and abilities can grow or decline in multiple directions at different times.

Context

The circumstances or setting surrounding a situation, event, or idea, which can significantly affect its meaning or interpretation.

Plasticity

The brain's ability to change and adapt as a result of experience, including growth and reorganization.