US-Based Tin City Bicycles Is About to Undertake a Global

question 31

Multiple Choice

U.S.-based Tin City Bicycles is about to undertake a global roll-out of a new bicycle developed in their Indian subsidiary.Tin city most likely adheres to which orientation?

• A)Ethnocentric
• B)Polycentric
• C)Geocentric
• D)Market

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Definitions:

Protectionism

Economic policy of restraining trade between states through methods such as tariffs on imported goods, restrictive quotas, and a variety of other government regulations to protect domestic industries from foreign competition.

International Trade

The exchange of goods and services between countries, which allows for greater diversity of products and economic interdependence.

Volume Of Trade

The total quantity of shares or contracts traded for a specific financial instrument or within a market during a certain period.