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Question
Which of the following is true of the factors regarding the selection of a foreign market?
A. All nation states in the world hold the same profit potential for a firm contemplating foreign expansion.
B. The long-run economic benefits of foreign expansion are a function of factors such as the likely future wealth of consumers.
C. Less populous nations have a higher potential for economic growth.
D. Politically unstable nations by virtue of their higher potential for growth are the best foreign markets.
E. The attractiveness of a country as a potential market for an international business depends only on its geographical location.
Answer
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