Question

International trade: is a relatively conservative approach to foreign market penetration. entails minimal risk. does not require a large amount of investment. All of these are correct?

1) is a relatively conservative approach to foreign market penetration.
2) entails minimal risk.
3) does not require a large amount of investment.
4) All of these are correct.

Answer 1

The correct answer is 4) All of these are correct. International trade can be a relatively conservative approach to foreign market penetration that entails minimal risk and does not require a large amount of investment.

Step-by-step explanation:

The correct answer is 4) All of these are correct.

International trade involves the exchange of goods and services between countries. It can be a relatively conservative approach to foreign market penetration because it allows businesses to test the international market without making a large investment.

Additionally, international trade generally entails minimal risk compared to foreign direct investment, which requires a more significant commitment of resources to establish operations in a foreign country.