Which of the Following Is True of Exporting

question 79

Multiple Choice

Which of the following is true of exporting?

• A) It avoids the often substantial costs of establishing manufacturing operations in the host country.
• B) It is the best choice if lower-cost manufacturing locations are available abroad.
• C) Low transportation costs may make exporting uneconomical.
• D) Tariff barriers may make exporting the most attractive option.

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Definitions:

Social Comparison Theory

A theory that suggests individuals determine their own social and personal worth based on how they stack up against others.

Esteem Needs

Refers to a higher level in Maslow's hierarchy, involving the need for self-esteem, confidence, respect from others, and recognition.

Evolutionary Pressures

Forces in the environment that influence the survival and reproduction of species, guiding the process of natural selection.

Downward Social Comparison

Comparing oneself to others who are perceived as less fortunate or less successful, often to boost self-esteem or subjective well-being.