Post Utme Summit University 2020 Commerce Question 4

Practice objective / multiple choice question 4 from the 2020 Post Utme Summit University Commerce examination.

Post Utme Summit University 2020 Commerce Objective / Multiple Choice

Question 4 POST_UTME_SUMMIT_UNIVERSITY • 2020 • COMMERCE • objective

A firm's foreign trade strategy involves exporting goods to a foreign market. Which of the following is a key advantage of exporting?

Answer Options

A. Increased competition from domestic firms

B. Improved product quality

Correct Answer C. Access to new markets and customers

D. Reduced production costs

Correct Answer

Correct Option:

Access to new markets and customers

About This Question

This is Post Utme Summit University 2020 Commerce Question 4. It is one of the objective questions from the 2020 Post Utme Summit University Commerce examination.

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