The Viability of an Exporting Strategy Is Often Constrained by Transportation

question 7

Multiple Choice

The viability of an exporting strategy is often constrained by transportation costs,particularly of products that have a _____ and that can be produced in almost any location.

• A)high local content requirement
• B)low total landed cost
• C)low value-to-weight ratio
• D)low licensing tariff

---

Definitions:

United States

The United States is a country primarily located in North America, consisting of 50 states, a federal district, five major self-governing territories, and various possessions.

Minimum Age

The lowest legal age at which an individual is allowed to partake in certain activities or assume certain responsibilities, such as employment, voting, and driving.

Industrialized Societies

Societies characterized by a high level of technological development, industrial production, and urbanization, often accompanied by a shift from agricultural-based economies.

Traditional Societies

Societies that adhere to long-established customs, norms, and roles, often with a resistance to modern changes.