The stages of international market development include exporting, internationalization, and globalization.

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The stages of international market development typically start with exporting, as companies begin to explore markets outside their home country. This is followed by further internationalization, where firms establish a more significant presence in foreign markets through strategies such as joint ventures, subsidiaries, or direct investment. Globalization represents a deeper level of engagement, where companies operate on a global scale, integrating and coordinating operations, strategies, and resources across multiple countries.

The Stages of International Market Development Include Exporting, Internationalization, and Globalization