Export Promotion (Grade 12 NSC Matric Economics): Quizzes
📚Quizzes
Practise the questions
10 questions from this quiz
ShowHide
Practise the questions
10 questions from this quiz
What is export promotion?
What is export promotion?
Govt incentives for intl market production
Why is export promotion vital for developing economies?
Why is export promotion vital for developing economies?
Diversifies economic base & reduces reliance
What market advantage do exports offer businesses?
What market advantage do exports offer businesses?
Intl markets much larger than domestic
How does export promotion affect employment?
How does export promotion affect employment?
Creates additional jobs across sectors
Which support service helps promote exports?
Which support service helps promote exports?
Reduced transport charges for exporters
What are direct subsidies in export promotion?
What are direct subsidies in export promotion?
Cash payments to exporting companies
What market benefit does export promotion provide?
What market benefit does export promotion provide?
Virtually unlimited growth opportunities
How does export competition affect production?
How does export competition affect production?
Focus on cost-effectiveness & efficiency
What problem do subsidies create for production?
What problem do subsidies create for production?
Artificially reduce real cost of production
How might other countries respond to export promotion?
How might other countries respond to export promotion?
Implement increased tariffs & import quotas