The advantages of manufacturing goods in a particular country and exporting them to foreign markets Select one: a. can be wiped out

Question

What are the advantages of manufacturing goods in a specific country and exporting them to foreign markets? Select one:
a. They can be wiped out when that country's currency weakens relative to the currencies of the countries where the goods are being sold.
b. They are diminished when that country's currency strengthens relative to the currencies of the countries where the goods are being sold.
c. They are greatest when local consumers prefer domestically manufactured products.
d. They are largely unaffected by tariffs or quotas.
e. They are largely unaffected by fluctuating exchange rates.

Anonymous · Accepted Answer

C. Companies that are manufacturing goods in a particular country and are exporting much of what they produce lose out when that country's currency grows weaker relative to the currencies of the countries that the goods are being exported Explanation:When the home country of a manufacturing company has a weak currency compared to the places where they are exported to then it means the company will record a loss due to people not wanting to patronize them. Such goods are usually considered most times as inferior.It also means the exchange power of the home country will reduce when its weaker than the export countries.

Anonymous · Answer

B. are greatest when local distributors and dealers in that country can be convinced not to carry products that are made outside the country's bordersExplanation:The advantages of manufacturing goods in a particular country and exporting them to foreign markets are greatest when local distributors and dealers in that country can be convinced not to carry products that are made outside the country's borders

Anonymous · Answer

C. Companies that are manufacturing goods in a particular country and are exporting much of what they produce lose out when that country's currency grows weaker relative to the currencies of the countries that the goods are being exported toExplanation: Fluctuating exchange rates will cause companies that are manufacturing goods in a particular country and are exporting much of what they produce to lose out when that country's currency grows weaker relative to the currencies of the countries that the goods are being exported to. If the currency of a country weakens compared to that of another country, the exchange power of such currency reduces. It simply implies that more of the weak currency will have to be exchange for little of the stronger one. In this context, comparison is drawn between exchange rates and companies in foreign markets. For companies manufacturing their goods locally and exporting them, they have to pay more using their weak local currency to source for raw materials. This will eventually tell on the cost of production of the goods. To measure up, selling price of the exports will increase. This can dissuade potential buyers from patronizing them in the foreign market. .if they decide to keep selling at the previous price, loss can set in. Learn more: Inflation #learnwithBrainly

Anonymous · Answer

D. are weakened when that country's currency grows stronger relative to the currencies of the countries where the output is being sold.Explanation:

Anonymous · Answer

Manufactured goods are much easier to make, and they can be produced in high numbers. With that being said, they are also much more affordable. I hope this helps ?

Anonymous · Answer

Manufacturing goods increases profit really well and it is more efficent

Gwendolyn Ferry I

The advantages of manufacturing goods in a particular country and exporting them to foreign markets Select one: a. can be wiped out

6 Answers

AI-Powered Insights

Want to answer this question?

Categories

Tags

Related Questions