Question

When considering where to export, advantages to managers of focusing on a nation that is already a sizable purchaser of goods coming from the home country include:
A. the cultures of the two countries should be relatively similar and compatible.

B. the climate for foreign direct investment in the importing nation is relatively favorable.

C. export and import regulations are not insurmountable.

D. all of the above.

E. two of A, B, and C.

Answer 1

Answer:

Option "C" is the correct answer to the following statement.

Explanation:

While deciding where to sell, export and import laws are not insuperable for managers to rely on a country that is a large consumer of goods imported from native countries.

• Many products sold to a foreign investor need no export license. Both products are however subject to the laws and legislation on export control.
• The easiest way to find if an item needs an export license is to verify which authority has control over the commodity you are attempting to sell, or controls it.