What Is the Attraction to Firms of Exporting

question 76

Multiple Choice

What is the attraction to firms of exporting?

• A) larger revenue
• B) larger profits
• C) the ability to gain cultural awareness
• D) all of these answers are correct
• E) both larger revenue and larger profits

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Definitions:

Demand-Pull Inflation

Inflation that occurs when aggregate demand in an economy outweighs aggregate supply, leading to an increase in prices.

Cost-Push Inflation

It occurs when the overall prices in an economy increase due to rising costs of wages and raw materials.

Employment

A state of having a paid job or occupation, contributing to an economy's workforce.

Anticipated Inflation

Inflation that is expected to occur in the future, as predicted by current economic indicators and analysis.