The Advantages of Manufacturing Goods in a Particular Country and Exporting

question 129

Multiple Choice

The advantages of manufacturing goods in a particular country and exporting them to foreign markets:

• A) are largely unaffected by fluctuating exchange rates.
• B) are greatest when local distributors and dealers in that country can be convinced not to carry products that are made outside the country's borders.
• C) can be wiped out when that country's currency grows weaker relative to the currencies of the countries where the output is being sold.
• D) are weakened when that country's currency grows stronger relative to the currencies of the countries where the output is being sold.
• E) are seriously compromised by the potential for local government officials to raise tariffs on the imports of foreign-made goods into their country.

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Definitions:

1900

A year that marks the beginning of the 20th century, noted for various historical, cultural, and technological developments around the world.

Racial Conventions

Socially constructed beliefs, practices, and norms that define and differentiate races, often leading to discrimination and societal inequalities.

Jack Johnson

Jack Johnson was the first African American world heavyweight boxing champion, renowned for his groundbreaking career and the racial prejudices he fought against during the early 20th century.

Racial Decorum

The expected or prescribed manners and behaviors regarding race and inter-racial interactions, often within a specific cultural or societal context.