Being International Can Be a Source of Competitive Advantage If

question 38

Multiple Choice

Being international can be a source of competitive advantage if

• A)your product or service is tradable.
• B)there are significant economies of scale in your industry.
• C)your customers only consider local conditions.
• D)a and b.

---

Definitions:

Deposit

To entrust money to a bank or other institution; money (cash or checks) put into an account, increasing the account balance.

Agent

One that acts or has the power or authority to act for another.

ATM

An automated teller machine, a specialized computer that allows bank customers to perform financial transactions without the need for a human cashier.

Checking Account

A bank account that allows for both deposits and withdrawals, typically used for day-to-day financial transactions.