The "liability of foreignness" is the:
A) inability of most U.S.managers to truly comprehend foreign cultures.
B) political disadvantage that U.S.firms have when doing business abroad.
C) risk of participating outside a firm's domestic markets in the global economy.
D) preference for "buying local," which always puts foreign firms at a disadvantage when competing in the U.S.market.
Correct Answer:
Verified
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