Which of the Following Is One of the Advantages of Export-Oriented

question 39

Multiple Choice

Which of the following is one of the advantages of export-oriented industrialization?

• A)It overcomes the smallness of the domestic market and allows a developing nation to take advantage of economies of scale
• B)Production of manufactured goods for export requires and stimulates efficiency throughout the economy
• C)The expansion of manufactured exports is not limited by the growth of the domestic market
• D)It is easier for developing nations to protect their domestic market against foreign competition

---

Definitions:

Cash On Hand

Funds that a company or individual has available in cash form, not invested or deposited in financial institutions.

Zero-balance Account

A type of bank account that maintains a balance of zero by automatically transferring funds from a master account in amounts only large enough to cover checks presented.

Surplus Cash

Excess cash that a company holds over and above the minimum operational funds required, often used for investment, dividends, or buybacks.

Lockbox System

A service offered by banks to companies for the collection of payments from customers, wherein the payments are sent directly to a post office box, thereby speeding up collection times.