Question

In international business, an early entrant to a foreign market may be at a disadvantage relative to a later entrant, if regulations change in a way that diminishes the value of an early entrant's investments.

(A) True
(B) False

Answer 1

The correct answer is (A) True.

Step-by-step explanation:

In international business, an early participant in a foreign market may be at a serious disadvantage, in relation to a subsequent participant, if the regulations change in a way that decreases the value of the investments of a previous participant. This is a serious risk in many developing countries where the rules governing business practices are still evolving.