Anthony,a small business owner,is considering marketing his product in Brazil.If he enters the Brazilian market,he is likely to face all of the following problems except:

Question

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The other three options are common challenges that small business owners face when entering foreign markets. Cultural differences can make it difficult to understand the local market, obtaining financing can be a challenge due to unfamiliarity with the local banking system and regulations, and bureaucratic paperwork can be overwhelming. However, convincing foreign firms to do business with a small firm rather than a large corporation is not a specific challenge related to entering the Brazilian market.

Anthony,a Small Business Owner,is Considering Marketing His Product in Brazil