With respect to distance between a foreign and a domestic market, administrative distance is likely to be more when the new market _________.

Question

Quizplus · Accepted Answer

Administrative distance refers to the differences in regulatory, legal, and cultural frameworks between markets. If a market has not been part of the colonizer/colony network, it is more likely to have significant differences in these areas compared to the domestic market, leading to a higher administrative distance. The other options do not necessarily indicate a higher administrative distance.

With Respect to Distance Between a Foreign and a Domestic