Multiple Choice
How will a business firm know if there is a demand for its product in another nation?
A) The company is willing to discuss royalty fees with other international firms.
B) There is a positive balance of payments.
C) A firm cannot know if such a demand exists.
D) The product is very successful in the company's home nation.
E) Due to the successful prior entry of a competitor firm with a similar product in the international market.
Correct Answer:
Verified
Correct Answer:
Verified
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