All of the Following Are Ways to Conduct International Business

question 104

Multiple Choice

All of the following are ways to conduct international business EXCEPT:

• A)direct ownership investment.
• B)import/export operations.
• C)partnership arrangements.
• D)all of these.

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Definitions:

Expected Utility

A theory in economics that assesses options under uncertainty, predicting choices that maximize utility based on expected outcomes.

Marginal Utility

The added satisfaction that a consumer gains from consuming one more unit of a good or service.

Risk-averse

A characteristic of individuals or entities that prefer to avoid risk in investment choices, opting for safer, less uncertain options.

Fair Bet

A gambling term where the expected return is equal to the original stake, with no advantage for the house or the bettor.