The minimum that a firm has to do to engage in international business is to
A) export or import products from other countries.
B) invest directly in operations in another country.
C) establish joint ventures or strategic alliances with companies in other countries.
D) export low-wage manufacturing jobs to companies in other countries.
E) develop franchises and subsidiaries in other countries.

Question

Quizplus · Accepted Answer

Exporting or importing products is the simplest and most basic form of engaging in international business.

The Minimum That a Firm Has to Do to Engage