The period when the firm should consider expanding from strictly domestic trade to international trade, the period when it should be involve in international trade and the factors affect the firms decisions. Introduction : International trade is an arrangement of activities that plan to trade capital, merchandise, and services between foreign nations over their worldwide outskirts.

Question

Define and discuss each of the major strategic options from which firms may choose when entering foreign markets, then rank them in order from least risky to most risky.

Answer 1

Question

Chapter 3, Problem 4DQ

Summary Introduction

To determine: The period when the firm should consider expanding from strictly domestic trade to international trade, the period when it should be involve in international trade and the factors affect the firms decisions.

Introduction: International trade is an arrangement of activities that plan to trade capital, merchandise, and services between foreign nations over their worldwide outskirts.

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