Although national boundaries, cultural differences and geographical distances all pose barriers to entry into many markets, significant opportunities draw businesses into the international arena.
Correct Answer:
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Q6: Although licensing is the least costly method
Q7: Fluctuation in the values of different currencies
Q8: International business opportunities can be determined by
Q9: Multi-domestic strategies allow for the establishment of
Q10: A firm's international business-level strategy options include
Q12: Firms often need to balance local responsiveness
Q13: Firms that compete in risky emerging markets
Q14: Strategic alliances tend to increase the risk
Q15: Research has shown that international diversification leads
Q16: Both the available resources and the nature
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