According to the textbook, which of the following are key economic factors to consider when entering a foreign market?
A) laws and regulations the government creates
B) per capita income, economic growth rate, and currency exchange rate
C) language, attitudes, and values
D) political stability and a fair and uncorrupt judicial system

Question

Quizplus · Accepted Answer

Per capita income, economic growth rate, and currency exchange rate are all key economic factors to consider when entering a foreign market as they can greatly impact the success of a business in that market. While the other options mentioned (laws and regulations, language, attitudes, values, political stability, and a fair and uncorrupt judicial system) are also important considerations, they do not fall under the key economic factors category.

According to the Textbook, Which of the Following Are Key