Which of the Following Factors Determine the Value That an International

question 74

Multiple Choice

Which of the following factors determine the value that an international business can create in a foreign market?

• A) Population density in the foreign market
• B) Political stability of the foreign market
• C) Nature of indigenous competition
• D) Per capita income in the foreign market
• E) Type of political system in the foreign market

---

Definitions:

Consumption Bundle

A combination of various goods and services that a consumer chooses to purchase.

Units Of Y

A measure or quantity of a variable \"Y\", often used in economic and mathematical models to quantify something.

Fixed Proportions

A production process condition where inputs must be used in strict, unchangeable ratios to produce an output; no substitution between inputs is possible.

Utility Function

An economic term describing how different goods or services yield different levels of satisfaction or utility to a consumer.