Author Question: Adaptation is often necessitated due to ________. A) differences across countries in language, ... (Read 65 times)

student77 · **on:** Jul 7, 2018

Adaptation is often necessitated due to ________.

A) differences across countries in language, culture, economic conditions, and other factors
B) unstable demand
C) high import tariffs
D) similarities in customer preferences across various demographic groups worldwide and the increased emphasis on the homogenization of global markets

Question 2

Which of the following is true of government interventions in a country's trade practices?

A) A major economic motive behind government intervention in trade is the protection of jobs.
B) A major political motive behind government intervention in trade is the protection of infant industries.
C) Government interventions help companies take advantage of economies of scale and be the first movers in their industries.
D) Governments intervene to protect only imports, as the protection of exports is handled by private agencies.