____ Is the Least Risky Type of International Business in Which

question 120

Multiple Choice

____ is the least risky type of international business in which firms usually become involved.

• A) Importing/exporting
• B) Licensing
• C) Joint venture
• D) Global sourcing
• E) Direct investment

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Definitions:

Options Exercised

The act of implementing the right to buy (call option) or sell (put option) an underlying asset at a predetermined price before the option expires.

Horizontal Spread

An options strategy involving the purchase and sale of two options of the same type and expiration date but different strike prices.

Call

An option contract giving the owner the right, but not the obligation, to buy a specified amount of an underlying asset at a set price within a specified time.

Strategy

A plan of action designed to achieve a long-term or overall aim.