First-mover disadvantages refer to: A. disadvantages associated with

QUESTION

First-mover disadvantages refer to:

A. disadvantages associated with entering a foreign market before other international businesses.

B. costs that a late entrant to a foreign market has to bear.

C. a direct restriction on the quantity of a good that can be imported into a country.

D. imperfections in the operation of the market mechanism.

E. disadvantages experienced by being a late entrant in a foreign market.

ANSWER

A