Which of the Following Is Most Likely to Increase the Exports

question 168

Multiple Choice

Which of the following is most likely to increase the exports of a country?

• A)The government gives subsidies to firms that export goods or services.
• B)The government reduces the size of the budget surplus.
• C)Political instability within the country increases modestly.
• D)None of the above will increase exports.

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Definitions:

Acceptance

A key factor in the agreement element of a contract; consists of the agreement of one party, the offeree, to the terms of the offer in the contract made by the other party, the offeror.

Revoke

To officially cancel or withdraw an offer, privilege, or power that was previously given.

Defects

Imperfections or faults in a product, system, or process that can cause it to be unsafe, unreliable, or to fail to meet expectations.

Express Warranties

Explicit assurances provided by a seller about the quality, functionality, or nature of a product.