Foreign Businesses in India Appear to Receive Unusually Close Scrutiny

question 128

Multiple Choice

Foreign businesses in India appear to receive unusually close scrutiny and must meet special regulations, aimed at protecting local businesses. This includes nontariff trade barriers. This reflects that a country's ________ should be carefully considered before doing business in that country.

• A) political-legal environment
• B) industrial structure
• C) cultural norms
• D) natural resources
• E) income distribution

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Definitions:

Own Activities

Tasks or actions that an individual decides to undertake or is personally involved in.

Feelings Of Inferiority

A psychological condition where an individual perceives themselves as lesser or inadequate compared to others.

Psychosocial Development

A theory by Erik Erikson that emphasizes the impact of social experiences across the lifespan on individual development.

Sense Of Initiative

An individual’s ability to plan and execute tasks independently, often associated with confidence in taking actions.