Which of the following is a common reason for doing international business?
A) reducing imports
B) accessing lower-cost labour
C) boosting domestic demand
D) establishing market monopoly
E) promoting ethnocentrism

Question

Quizplus · Accepted Answer

Accessing lower-cost labor is a common reason for doing international business as it allows companies to reduce their production costs and increase profit margins.

Which of the Following Is a Common Reason for Doing