Register
The minimum that firm needs to do to engage in international business is to: Invest directly in in operations in another country. Export or import products from other countries. Export low-wage manufacturing
19,320 views
28 votes
28 votes
The minimum that firm needs to do to engage in international business is to: Invest directly in in operations in another country. Export or import products from other countries. Export low-wage manufacturing jobs to companies in other countries. Establish joint ventures or strategic alliances with companies in other countries. Visit a foreign country frequently.

User Jintao Zhang
by
2.8k points

1 Answer

10 votes
10 votes

Answer: Export or import products from other countries.

Step-by-step explanation:

Anything that has to do with the trading in goods and services with an entity from another country constitutes international business.

The minimum that one has to do therefore, to be involved in international business is to simply export to other countries or import from them. This is the cheapest and most widespread method of international business and as a result, represents the bulk of international business.

User Skaqqs
by
2.7k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

1.6m questions

2.0m answers

Other Questions

If the rate of inflation in Japan dramatically increases while the rate of inflation in the United States remains constant, then a. the demand curve for dollars shifts to the left. b. the demand curve
Kylie is risk averse and has $1,000 with which to make a financial investment. She has three options. Option A is a risk-free government bond that pays 5 percent interest each year for two years. Option
From the standpoint of the issuing company, a disadvantage of using bonds as a means of long-term financing is that Group of answer choices bond interest is deductible for tax purposes. interest must be
Elroy Rocket is entering his senior year as an accounting major and has a number of options for his summer break. His options for the 3 month break follow: (1) Work full time at a local accounting firm
In January of the current year, Dora made a gift of stock to her granddaughter. At the time of the gift, the stock was worth $15,000. Several months later in the same year after the gift, a $500 dividend
Link Copied!