Generally, the costs and risks associated with doing business in a for

QUESTION

Generally, the costs and risks associated with doing business in a foreign country are typically lower in:

A. less developed countries.

B. economically advanced countries.

C. totalitarian states.

D. countries with high inflation and falling living standards.

E. countries that lack intellectual property rights.

ANSWER

B
Generally, the costs and risks associated with doing business in a foreign country are typically lower in economically advanced and politically stable democratic nations and greater in less developed and politically unstable nations.