Question

Which of the following firms has a better chance of accelerating the internationalization process?

A. International regulatory bodies set export/import limits.
B. The importing country can levy heavier import tariffs to override the VERs.
C. The exporting country sets the limits on the quantity it will export.
D. It is a mandatory tax imposed by a government on goods entering at its borders.
E. It is an absolute restriction against the importation of certain goods.

Answer 1

The firm that has a better chance of accelerating the internationalization process is option C: The exporting country sets the limits on the quantity it will export.

Step-by-step explanation:

Out of the given options, the firm that has a better chance of accelerating the internationalization process is option C: The exporting country sets the limits on the quantity it will export. This is because when the exporting country sets limits on the quantity it will export, it has more control over the internationalization process. By regulating the quantity of exports, the exporting country can strategically manage its market entry and expansion into foreign markets.