Multiple Choice
While choosing countries to invest in, companies sometimes choose psychic proximity to their own country. Psychic proximity can best be defined as ________.
A) countries in which the company feels comfortable with the language, laws, and culture
B) countries that are located close
C) countries that the home country's management team have visited
D) countries that have no trade barriers
E) countries with good infrastructure and stable political environment
Correct Answer:

Verified
Correct Answer:
Verified
Q1: Most companies would prefer to remain domestic
Q15: Domestic-based export agents perform a valuable service
Q36: Product adaptation involves _.<br>A) altering the product
Q62: Straight extension of the product means _.<br>A)
Q67: Which of the following can cause a
Q71: After successfully exporting its products through export
Q76: The ultimate form of foreign investment is
Q115: According to Hofstede, cultures with weak uncertainty
Q118: Which of the following is a risk
Q129: Which of the following statements is true