What is export promotion? Give a few examples of countries that ...

[bucstennis@aim.com]

What is export promotion? Give a few examples of countries that have tried it.
 
  What will be an ideal response?

Question 2

The Stogie Shop, a cigar store in the mall, sells hand-rolled cigars for 10.00 and machine-made cigars for 2.50 each. What is the opportunity cost of buying a hand-rolled cigar?
 
  A) 10.00 B) 4 machine-made cigars
  C) 2.50 D) one-quarter of a machine-made cigar

[livaneabi]

Answer to Question 1

Export promotion is a trade policy designed to encourage exports. Countries that have tried it include Japan, Hong Kong, Singapore, Korea, Brazil, Colombia and Turkey.

Answer to Question 2

B

[bucstennis@aim.com]

Thanks for the timely response, appreciate it

[apple]

YES! Correct, THANKS for helping me on my review