Companies are likely to export products abroad in all of the following situations EXCEPT which one?
A) when their average cost per unit of home country production declines substantially by increasing output
B) when they want to use the riskiest but most profitable method to engage international trade
C) when they aim to increase degree of market diversification
D) when they are new to international business
B
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While minors can generally disaffirm most contracts they make, they are generally liable for their ____________________
Fill in the blank(s) with correct word
Which of the following statements is true about the lemon laws?
a. They are state laws that are aimed toward preventing the public from credit card frauds. b. They are state laws that attempt to provide new car purchasers with rights that are similar to full warranties under the Magnuson-Moss Act. c. They are federal laws designed specifically to protect consumers from fraudulent warranties on consumer products. d. They are federal laws designed to protect debtors of close-ended credit from predatory collection practices that were outlawed in the Dodd-Frank Act.