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Economics Mcqs
Q
Many U.S firms have sought relief from foreign competition by demanding protectionism policies by the U.S government. A better way for companies to compete is to expand into foreign markets and ?
AA. Lower prices
BB. Increase promotion both at home and abroad
CC. Continuously improve their products at home
DD. Join into cartels at home
Correct Answer:
C. C. Continuously improve their products at home