Essentially, export promotion is a communication exercise conveying a specific message about a product to the consumer or end user.A. TrueB. False

Intra-industry trade occurs when a country tends to export one good and imports a wholly different type of good from another country.A. TrueB. False

The communication is the medium (e.g., print, television, radio) that carries the message from the firm to the consumer.

Balance of payment deficit can be removed through:(a) Devaluation of currency (b) Export promotion(C) Import substitution (d) All of the above.

The determinant of an n×n matrix A is the product of the diagonal entries in A.A. TrueB. False

True or False: A key component of a product – especially in consumer goods – is the product packaging.TrueFalse