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Explain Why Overseas Franchising Has Become a Major Activity for U.S.companies

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Essay

Explain why overseas franchising has become a major activity for U.S.companies.


Definitions:

Money

A medium of exchange that facilitates trade, serves as a unit of account, a store of value, and can be in the form of coins, notes, or electronic.

Comparative Advantage

The ability of an individual or country to produce a particular good or service at a lower opportunity cost than others.

Motorcycle

A two-wheeled vehicle powered by an engine, used for transportation and recreational purposes.

Coffee

A popular beverage made by brewing roasted and ground beans of the Coffea plant.

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