Which of the Following Is an Advantage of Using Quantitative

question 40

Multiple Choice

Which of the following is an advantage of using quantitative research over qualitative research?

• A)Relatively quick data collection in most cases
• B)Economical data collection
• C)High reliability
• D)Richness of the data
• E)Accuracy of recording marketplace behaviors

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Definitions:

Mercosur

A South American trade bloc established to promote free trade and fluid movement of goods, people, and currency among its member countries.

Trans-Pacific Partnership

A trade agreement among multiple Pacific Rim countries aimed at deepening economic ties, reducing tariffs, and fostering trade to boost growth.

Infant Industry Argument

A protective economic theory suggesting that emerging domestic industries should be shielded from foreign competition until they become competitive.

Tariff

A tax imposed by a government on imported goods to protect domestic industries or raise revenue.