The strategic options for expansion into foreign markets do not include
A)relying on home country governments to restrict imports via raising tariffs and local content requirements.
B)establishing a subsidiary in a foreign market.
C)maintaining a national (one-country)production base and exporting goods to foreign markets.
D)licensing foreign firms to produce and distribute one's products.
E)employing a franchising strategy using local ownership.

Question

Quizplus · Accepted Answer

Relying on home country governments to restrict imports is not a viable option for expanding into foreign markets, as it can lead to retaliatory actions from foreign governments and may even be against international trade laws. The other options – establishing a subsidiary, maintaining a national production base and exporting, licensing, and franchising – are all valid strategies for expanding into foreign markets.

The Strategic Options for Expansion into Foreign Markets Do Not