The minimum that a firm has to do to engage in international business

QUESTION

The minimum that a firm has to do to engage in international business is to:

A. export or import products from other countries.

B. invest directly in operations in another country.

C. establish joint ventures or strategic alliances with companies in other countries.

D. export low-wage manufacturing jobs to companies in other countries.

E. develop franchises and subsidiaries in other countries.

ANSWER

A
All a firm has to do to engage in international business is export or import products from other countries.