Fluctuation in the values of different currencies is the primary economic risk associated with international diversification.
Correct Answer:
Verified
Q2: Porter's model of national competitive advantage includes
Q3: Liability of foreignness and globalisation are two
Q4: International diversification allows a firm to extend
Q5: The international low-cost strategy is most likely
Q6: Although licensing is the least costly method
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
Q11: Although national boundaries, cultural differences and geographical
Q12: Firms often need to balance local responsiveness
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