Which of the following entry strategies do most firms use in the absence of high tariffs?
A) FDI
B) licensing
C) joint ventures
D) exporting

Question

Quizplus · Accepted Answer

Exporting is often the first strategy firms use to enter a foreign market when there are no high tariffs because it involves the least commitment of resources and allows firms to test markets without the need for significant investment in production facilities in the host country.

Which of the Following Entry Strategies Do Most Firms Use