When considering the export decision, firms should not partner with local distributors because many foreign markets are nationally regulated.

Question

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Exporting consists of producing goods in one country to sell in another. The entry strategy enables a firm to invest the least amount of resources in terms of its product, its organization, and it overall corporate strategy. Because many foreign markets are nationally regulated and dominated by networks of local intermediaries, firms need to partner with local distributors to benefit from their valuable expertise and knowledge of their own markets.

When Considering the Export Decision, Firms Should Not Partner with Local