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There are two types of factors included in the entry decision for an exporter: factors that are market-driven and factors that are company- or product-driven.

a. True
b. False

User John Kealy
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Final answer:

Market-driven factors and company- or product-driven factors are the two types of factors that influence a country's level of trade. The correct answer is option a. True.

Step-by-step explanation:

True. There are two types of factors that influence a country's level of trade: market-driven factors and company- or product-driven factors. Market-driven factors refer to what is happening in the countries' economies that heavily affect the demand for a nation's exports. For example, if major importers of American-made products like Canada, Japan, and Germany have recessions, exports of U.S. products to those countries are likely to decline. On the other hand, company- or product-driven factors are specific to the exporters themselves, such as their production capacity, product quality, pricing strategies, and distribution networks.

User Connor Gervin
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