Figure 7-4 -According to Figure 7-4 Above,point a Would Most Likely Represent

question 10

Multiple Choice

Figure 7-4

-According to Figure 7-4 above,point A would most likely represent which option for entering the global marketplace?

• A)joint venture
• B)licensing
• C)exporting
• D)direct investment
• E)franchise

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Definitions:

Commodity

A basic good used in commerce that is interchangeable with other goods of the same type.

Legal Tender

U.S. currency that constitutes a valid and legal offer of payment of debt.

Money

Any item or verifiable record that is generally accepted as payment for goods and services and repayment of debts in a particular country or socio-economic context.

Issued

Issued generally refers to the official distribution or release of items such as documents, currency, or securities by an authoritative entity.