All countries face the questions of what, how much, and with whom they should import and export.How they answer these questions primarily affects whether ________.
A)nontradable goods become tradable
B)products go through a lengthy life cycle
C)companies adhere to laissez-faire export policies
D)a company's present production location will be competitive

Question

Quizplus · Accepted Answer

The answer is D because how a country chooses to import and export goods affects the competitiveness of companies' present production locations. If a country chooses to import more goods that a particular company produces, then that company's production location may become less competitive. On the other hand, if a country chooses to export more goods that a particular company produces, then that company's production location may become more competitive.

All Countries Face the Questions of What, How Much, and with Whom