Question 37
POST_UTME_FUTA
•
2022
•
COMMERCE
•
objective
A company in Nigeria is considering exporting its products to the United States. What are the potential advantages and disadvantages of exporting to the US market?
Answer Options
A.
Advantages: increased revenue, reduced competition; Disadvantages: high transportation costs, cultural differences.
B.
Advantages: increased revenue, reduced competition; Disadvantages: high transportation costs, cultural differences, and language barriers.
Correct Answer
C.
Advantages: increased revenue, reduced competition; Disadvantages: high transportation costs, cultural differences, and language barriers, and regulatory hurdles.
D.
Advantages: increased revenue, reduced competition; Disadvantages: high transportation costs, cultural differences, and language barriers, and regulatory hurdles, and exchange rate risks.
Correct Answer
C
Correct Option:
Advantages: increased revenue, reduced competition; Disadvantages: high transportation costs, cultural differences, and language barriers, and regulatory hurdles.
About This Question
This is
Post Utme Futa
2022
Commerce
Question 37.
It is one of the
objective
questions from the
2022
Post Utme Futa
Commerce
examination.