Which of the following has MOST influenced consumers to demand access to foreign-made products?
A)Declining global affluence has caused consumers to seek out lower-priced products from abroad.
B)Consumers have become more efficient in using media and technologies to compare prices worldwide.
C)Fearing that their governments will enact restrictive policies on imports, consumers are stocking up on foreign products before restrictions are put in place.
D)Expectations of rising prices of foreign products have caused consumers to seek foreign products before their prices become prohibitive.

Question

Quizplus · Accepted Answer

The increasing use of technology and media has made it easier for consumers to compare prices of products worldwide and demand access to foreign-made products that are better priced than domestic ones. The other options (A, C, and D) do not provide a strong rationale for the increasing demand for foreign-made products.

Which of the Following Has MOST Influenced Consumers to Demand