Book Edition | 6th Edition |
Author(s) | Hughes, Pride |
ISBN | 9781337386920 |
Publisher | Cengage Learning |
Subject | Other |
Why do firms engage in international trade?
-penetrating wider marker result to greater sales.
-The developing and emerging countries have large deposits of minerals, metals and land for agricultural production.
-Often, businesses expand internationally to offset the risk of stagnating growth in their home country as well as in other countries where they are operating