An Advantage of Exporting as a Global Expansion Entry Mode

question 43

Multiple Choice

An advantage of exporting as a global expansion entry mode is that:

• A) scale economies are provided.
• B) low cost sites are available.
• C) transportation costs are generally lower.
• D) it is considered responsive to local needs.
• E) trade barriers may be removed.

---

Definitions:

Animal Control Officers

Professionals responsible for enforcing laws related to animals, capturing stray and dangerous animals, and investigating cases of animal cruelty.

Total Individual Benefit

The total benefit that an individual derives from consuming a certain amount of goods or services, usually reflected in the willingness to pay for those goods or services.

Social Benefit

The total advantage to society from an action or policy, including both private benefits and externalities.

Public Good

A product that is non-excludable and non-rivalrous, which means it can be used by many people simultaneously without depleting its availability.