When selecting an appropriate country in which to internationalize, in order to minimize the challenges of doing business abroad, firms often choose nations with physical features and natural resources that are similar to those in their home country.

Question

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Firms often prioritize factors such as political stability, economic conditions, legal environments, and market potential over physical features and natural resources when choosing a country for internationalization to minimize business challenges.

When Selecting an Appropriate Country in Which to Internationalize, in Order