If Canada wanted to reduce the cost of its goods in foreign markets, it could
A. revalue its currency.
B. devalue its currency.
C. pay off its trade deficit.
D. borrow from the Exim bank.
E. sell more goods abroad.
Ans: B. devalue its currency.
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__________ was the subject of the MBW vs. ORX case. MBW entered into to contract to buy portion of land and drill. MBW paid with a personal check to try to avoid legitimate debt. By ___________ the funds, the LLC was operating as an alter ego and ORX was allowed to pierce the corporate veil and hold the owner of MBW, Mr. Washauer, personally liable.
Fill in the blank(s) with the appropriate word(s).
Based on what you understand about the consumer buying process, why is it a good idea for Toyota to feature fuel economy in the advertisements for its hybrid Prius automobile.
a. Because the Prius is more expensive than comparable cars that are not hybrids so it would not appear to be as favorable if a customer chose price as the evaluation criterion. b. All of these are reasons why it is a good idea for Toyota to feature fuel economy in advertisements for its hybrid Prius automobile. c. Because one of the advantages of owning a hybrid car is that you use less gasoline. d. Because the company naturally wants customers focus on attributes where their product has an advantage over competitive products. e. Because it encourages consumers to use fuel economy as an evaluation criterion. The Prius compares very favorably to other cars on the basis of fuel economy.