In Germany,Walmart has been required to buy existing retailers rather than open brand-new stores.What does this illustrate?
A) Local content laws
B) Fair trade agreements
C) Free trade agreements
D) Licensing arrangements
E) Business practice laws

Question

Quizplus · Accepted Answer

This illustrates business practice laws, which can require foreign companies to adapt to local business practices, such as acquiring existing businesses rather than starting new ones.

In Germany,Walmart Has Been Required to Buy Existing Retailers Rather