Economic motives apply when firms expand internationally to increase their return through higher revenues and/or lower costs.

Name: Economic motives apply when firms expand internationally to increase their return through higher revenues and/or lower costs.
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Question

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Economic motives are one of the main reasons why firms expand internationally. They do it to increase their profits by capturing new markets, achieving economies of scale, accessing cheaper inputs, and other economic benefits.

Economic Motives Apply When Firms Expand Internationally to Increase Their