Question

Why should managers have an understanding of trade protectionism?

A) Trade protectionism targets factor endowments, thus affecting the best country to locate production.

B) Trade protectionism affects a company's ability to sell abroad and ability to compete at home.

C) Trade protectionism affects the number of people permitted to practice a specific profession.

D) Trade protectionism prevents companies' enactment of merger and acquisition agreements.

Answer

This answer is hidden. It contains 68 characters.