Why Should Managers Have an Understanding of Trade Protectionism

question 44

Multiple Choice

Why should managers have an understanding of trade protectionism?

• A)Trade protectionism targets factor endowments, thus affecting the best country to locate production.
• B)Trade protectionism affects a company's ability to sell abroad and ability to compete at home.
• C)Trade protectionism affects the number of people permitted to practice a specific profession.
• D)Trade protectionism prevents companies' enactment of merger and acquisition agreements.

---

Definitions:

Bathyal

Pertaining to the mid-water or bathypelagic zone in the ocean, typically between 200 and 2,000 meters deep.

Abyssal

Pertaining to the deepest parts of the ocean, typically depths beyond 2,000 meters, characterized by high pressures, low temperatures, and complete darkness.

Periwinkles

Small marine snails found in the intertidal zones of shores, known for their distinctive shape and role in aquatic ecosystems.

Oceanic Zone

The region of the open sea beyond the edge of the continental shelf, characterized by its vast expanse, deep waters, and diverse marine life.