Which of the Following Statements Reflects How Exports and Imports

question 144

Multiple Choice

Which of the following statements reflects how exports and imports affect GDP?  

• A) Both imports and exports are added to a nation's GDP. 
• B) Both imports and exports are subtracted from a nation's GDP. 
• C) Imports are added to a nation's GDP; exports are subtracted. 
• D) Exports are added to a nation's GDP; imports are subtracted.

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Definitions:

Dual Adaptation

Dual adaptation refers to the strategy of altering a product and its marketing in different countries or regions to cater to local tastes, laws, and preferences.

Dual Integration

A business strategy that combines vertical and horizontal integration to enhance control over the supply chain and expand market reach.

Dual Adaptation Strategy

A method where a company adjusts both its product and promotional strategies to better align with local market conditions and preferences.

Communication Adaptation Strategy

A plan to adjust a company's communication methods and messages to align with the cultural, linguistic, and social preferences of specific target markets.