"It's a competitive world out there and holding on to export markets is difficult." Thegovernment can do little to help if
A) its producers operate in a competitive market
B) its exchange rate depreciates
C) it pursues a budgetary surplus
D) low productivity
E) the economy's productivity is persistently lower than other countries'

Question

Quizplus · Accepted Answer

Persistently lower productivity compared to other countries makes it difficult to compete in export markets, and government intervention may not effectively address this fundamental issue.

"It's a Competitive World Out There and Holding on to Export