BUSINESS ADMINISTRATION
INTERNATIONAL MARKETING
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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All of the following are benefits of international business, except
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expanded business opportunities
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increased sources of raw materials
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decreased competition
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improved political relationships
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Explanation:
Detailed explanation-1: -Better risk management One of the significant advantages of international trade is market diversification. Focusing only on the domestic market may expose you to increased risk from downturns in the economy, political factors, environmental events and other risk factors.
Detailed explanation-2: -The correct option is C Creation of monopoly power.
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