The Benefits of Using Intermediaries in Foreign Markets Include All

question 37

Multiple Choice

The benefits of using intermediaries in foreign markets include all of these except ________________________.

• A) increased control of pricing policy at various channel stages
• B) reduction in the number of exchanges
• C) reduction of cultural barriers
• D) simplification of the selling process

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Definitions:

Full-employment Level

signifies an economic condition where all who are able and willing to work at current wage rates have employment opportunities.

National Debt

The entirety of funds that a country's governmental body has taken on as debt through several mechanisms.

Budget Surpluses

An excess of income or revenues over expenditures in a given period, meaning the government or organization has more money than it spends.

Automatic Stabilizer

An Automatic Stabilizer is an economic policy or program designed to offset fluctuations in a nation's economic activity without intervention by the government or policymakers, such as progressive taxes and welfare.