To ____________S the Minimum That a Firm Has to Do

question 35

Multiple Choice

To ____________s the minimum that a firm has to do to engage in international business.

• A)export or import
• B)invest directly in operations in another country
• C)establish joint ventures or strategic alliances with companies in other countries
• D)licence products to companies in other countries

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Definitions:

U.S. Saving

The portion of income that individuals, businesses, and the government in the United States set aside rather than spending it immediately.

National Saving

The sum of private and public savings in a country, representing the total income remaining after expenditures on goods and services.

Domestic Investment

The total investment in physical assets such as buildings and machinery within a country's borders.

Goods And Services

Physical items and intangible benefits provided to satisfy the wants and needs of consumers.