Which of the Following Is a Distinct Advantage of Exporting

question 27

Multiple Choice

Which of the following is a distinct advantage of exporting?

• A) It avoids the threat of tariff barriers by the host-country government.
• B) Firms benefit from a local partner's knowledge of the host country's competitive conditions.
• C) It avoids the often substantial costs of establishing manufacturing operations in the host country.
• D) It is appropriate if lower cost locations for manufacturing the product can be found abroad.

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Definitions:

Consistent

In statistics, a property of an estimator indicating that as the sample size increases, it converges in probability to the true parameter value.

T Distribution

A statistical distribution type that emerges when calculating the average of a population with a normal distribution, under conditions where there are few samples and the population's standard deviation is not known.

Degrees Of Freedom

The number of independent values within a calculation that can freely vary when estimating statistical parameters.

Standard Normal Distribution

A probability distribution that has a mean of zero and a standard deviation of one, represented by the bell curve where most occurrences take place near the mean.