Which of the following is the most likely motive behind firms in the mining industry wanting to enter new foreign markets?
A) access to natural resources
B) availability of excessive non-skilled labor force
C) increase in refining capacity
D) Payment of wages remains the same in both the new market and the existing market.

Question

Quizplus · Accepted Answer

Access to natural resources is a primary motive for firms in the mining industry to enter new foreign markets, as these firms seek to exploit new deposits of minerals and other valuable resources not available or depleted in their home markets.

Which of the Following Is the Most Likely Motive Behind