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Question
Which of the following is true of international firms considering foreign expansion?A.The timing and scale of entry of foreign expansion are minor details in comparison with the choice of foreign market.
B.The long-run economic benefits of doing business in a country are solely a function of the country's population size.
C.If the firm's core competence is based on proprietary technology, entering a joint venture might risk losing control of that technology to the joint-venture partner.
D.The costs and risks associated with foreign expansion are higher in economically advanced nations.
E.Politically unstable and less developed nations offer favorable benefit-cost-risk trade-off conditions.
Answer
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