What is an advantage of free-trade agreements?

A. They reduce the impact of globalization by preventing the loss of capital from a country.
B. They provide manufacturing organizations with opportunities to reduce production costs.
C. They protect domestic industries and jobs by taxing goods imported from outlying regions.
D. They protect the well-being of people by restricting the flow of goods being exported from their country.
E. They provide managers with a threat-free environment to work within.


Answer: B

Business

You might also like to view...

________ is sometimes called a mother hen, a piggyback exporter, or an export vendor

A) Export broker B) Export merchant C) Cooperative exporter D) Export manager E) Manufacturer's agent

Business

A company can ________ an SBU by selling it or phasing it out and using the resources elsewhere

A) divest B) promote C) expand D) harvest E) hold

Business

A disadvantage of __________ is that “many jobs have no direct output.”

A. individual incentives B. executive incentives C. benefits D. group incentives E. professional incentives

Business

A media selection LP application describes a method in which media producers select customers

Indicate whether the statement is true or false

Business