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Question
First-mover disadvantages refer to:A.disadvantages associated with entering a foreign market before other international businesses.
B.costs that a late entrant to a foreign market has to bear.
C.a direct restriction on the quantity of a good that can be imported into a country.
D.imperfections in the operation of the market mechanism.
E.disadvantages experienced by being a late entrant in a foreign market.
Answer
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