You run a small manufacturing business in Bryan, TX, making…

You run a small manufacturing business in Bryan, TX, making highly specialized glassware for biology laboratories. You’ve got plenty of business in Texas and the Southwest, but to even out the your manufacturing flow you are considering exporting your product to Mexico, which is an upcoming market. Walk me through your thinking as you decided whether international trade is right for your company.

Bonus: Identify the type of preference assessment (approach-…

Bonus: Identify the type of preference assessment (approach-based or engagement-based). (+1)   _____[MSW]__________________________         Multiple Stimulus with Replacement   _____[MSWO]________________________         Multiple Stimulus without Replacement