All of the Following Are Typical Reasons for Forming Cross-Border

question 59

Multiple Choice

All of the following are typical reasons for forming cross-border alliances EXCEPT ________.

• A) avoiding import barriers
• B) sharing R&D costs and risks
• C) gaining access to specific markets
• D) testing marketing campaigns overseas

---

Definitions:

Stock Market

A marketplace where securities such as stocks and bonds are bought and sold.

Elasticity

A measure of how much the quantity demanded or supplied of a good responds to a change in one of its determinants, such as price.

Expected Utility

A theory in economics that quantifies how individuals choose between probabilistic scenarios with different outcomes, based on their predicted utility.

Utility Function

A mathematical representation of how different bundles of goods or services relate to an individual's level of satisfaction.