Home Depot expanded abroad because the home improvement store market in Canada and the United States became fully developed. Which major driver of internationalization motivated Home Depot? O A. Avoidance of trade barriers O B. Access to raw materials OC. Deregulation of international investment O D. Opportunities to benefit from lower costs abroad O E. Saturation of home-country markets
Home Depot expanded abroad because the home improvement store market in Canada and the United States became fully developed. Which major driver of internationalization motivated Home Depot? O A. Avoidance of trade barriers O B. Access to raw materials OC. Deregulation of international investment O D. Opportunities to benefit from lower costs abroad O E. Saturation of home-country markets
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Transcribed Image Text:Which one of the following statements is TRUE about licensing?
O A. It is a low-cost method for determining the viability of a foreign market.
O B. It makes entry into markets with trade barriers and tariffs complex.
O C. It makes entry into markets with bureaucratic requirements difficult.
D. It guarantees that a firm will experience growth and expansion in the future.
E. It is an active foreign market entry strategy.

Transcribed Image Text:Home Depot expanded abroad because the home improvement store market in Canada and the United States became fully developed. Which major driver of internationalization motivated Home Depot?
.....
A. Avoidance of trade barriers
B. Access to raw materials
C. Deregulation of international investment
D. Opportunities to benefit from lower costs abroad
E. Saturation of home-country markets
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