Where markets are undeveloped, or show signs of economic or political instability, exporting into the market, contractual agreements or joint ventures are likely

Question

Quizplus · Accepted Answer

In markets that are undeveloped or exhibit economic or political instability, companies often prefer exporting, contractual agreements, or forming joint ventures as these methods involve lower risks and investments compared to establishing wholly owned subsidiaries.

Where Markets Are Undeveloped, or Show Signs of Economic or Political