Which of the Following Statements Is True of Exporting

question 27

Multiple Choice

Which of the following statements is true of exporting?

• A) It increases the trade deficit that nations have.
• B) Exporting leads to diseconomies of scope.
• C) It helps a firm achieve economies of scale.
• D) Exporting is not beneficial to a country's economy.

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Definitions:

Internet

A global network of interconnected computers and servers that facilitates data exchange and communication across long distances.

Healthcare

Encompasses the provision of medical services to prevent, treat, and manage illnesses and preserve mental and physical well-being through the services offered by the health profession.

Health Experiences

Individual perceptions and responses to health, illness, and the healthcare system throughout their life.

Physical Deformity

An abnormality in the shape or size of a part of the body, often present from birth or caused by disease or injury.