Choosing Markets for International Business

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Which market characteristic is important for international businesses to consider in terms of market size and growth potential?

Population density

Which of the following is NOT a factor to consider when choosing markets for international business?

Availability of natural resources

Which of the following is an example of a cultural and language barrier that international businesses may face?

Different dietary preferences

Which of the following is NOT a factor to consider when choosing markets for international business?

<p>Market location</p> Signup and view all the answers

Which type of market offers the highest potential for growth in international business?

<p>Emerging markets</p> Signup and view all the answers

What is the main advantage of entering a joint venture when expanding into international markets?

<p>Access to local resources</p> Signup and view all the answers

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