To Enter the Hungarian Market,Ernst & Young,an International Accounting Company,purchased

question 154

Multiple Choice

To enter the Hungarian market,Ernst & Young,an international accounting company,purchased an existing accounting firm.Ernst & Young entered the Hungarian market through the use of:

• A) contract marketing
• B) direct investment
• C) franchising
• D) direct exporting
• E) countertrading

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Definitions:

Domestic Demand

The total demand for goods and services within a country, including demand from both consumers and businesses.

World Price

The price of a good or service on the international market, influenced by global supply and demand conditions.

International Trade

The exchange of goods and services between countries, allowing for a wider availability of products and economic growth.

Economic Effects

Refers to the consequences of economic policies, activities, or changes on a society, industry, or economy.