Multiple Choice
Algoma Treasures, a gift-wrap manufacturer, is considering expanding its business into the international market. What key question must have a positive answer before a company begins international operations?
A) Is there a demand for its products abroad?
B) Is there a favourable balance of trade?
C) What is the currency exchange rate?
D) Is there a favourable balance of payments?
E) Is local culture compatible?
Correct Answer:
Verified
Correct Answer:
Verified
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