Which of the Following Is a Reason Why Firms Are

question 57

Multiple Choice

Which of the following is a reason why firms are not proactive about seeking export opportunities?

• A) They are unfamiliar with foreign market opportunities.
• B) domestic regulations limit their ability to export profitably.
• C) they overestimate the time and expertise needed to cultivate business in foreign countries.
• D) they do not find the foreign market challenging enough.
• E) the export market is similar to the home market in terms of legal and business practices.

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Definitions:

New Deal

A series of programs, public work projects, financial reforms, and regulations enacted by President Franklin D. Roosevelt in the United States between 1933 and 1939 to help recover from the Great Depression.

Southern Democrats

Members of the Democratic Party in the southern United States, historically associated with pro-slavery and segregationist policies until the mid-20th century.

New Deal

Initiatives including programs, public works, fiscal reforms, and regulatory measures were launched by President Franklin D. Roosevelt throughout the 1930s in the United States to help the nation recover from the Great Depression.