Gallo Wines is seeking international market entry. One if its top criteria for choosing a country to enter is a pro-business government policy. John would advise Gallo Wines to enter
A) Argentina, which has increased its interest rate on loans to foreign entrants from 15 percent to 19 percent.
B) Germany, since the European Union has imposed a 16 percent tariff on the import of agricultural produce.
C) Australia, which recently introduced a permanent employer-sponsored visa program for skilled manpower.
D) South Africa, which now levies a per metric ton carbon tax on electricity and a per liter surcharge on water.
E) China, whose government favors partial local ownership of foreign-owned companies.
Correct Answer:
Verified
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