With the Growth and Development of Trade During the Last

question 39

Multiple Choice

With the growth and development of trade during the last centuries of the first millennium B.C.E.,

• A) large states became too cumbersome to keep up with the change.
• B) large states developed on a scale previously unknown.
• C) large states developed with little connection to or interest in trade.
• D) most states were detrimental to the development of trade.

Understand licensing agreements and their importance in international business.

Identify different multinational strategies, including customization and standardization, and their applications in global markets.

Recognize the different forms of foreign direct investment and their significance.

Understand the adjustments companies make in their strategies to cater to different international markets.

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