Asked by
Caroline McDermott
on Nov 22, 2024
Verified
Unlike domestic business, international business:
A) necessarily places greater emphasis on differences between countries.
B) assumes that everyone understands the norms of business.
C) is wary of the fact that the government can take its property without warning.
D) assumes that its customers and suppliers speak the same language.
Norms of Business
The accepted standards and practices that guide behavior in the business world.
Government Takeover
The acquisition of control over a company or sector by the government, potentially involving nationalization or requisition of private assets.
- Acquire knowledge about the positive aspects and barriers of engaging in international trade.
Verified Answer
SZ
Learning Objectives
- Acquire knowledge about the positive aspects and barriers of engaging in international trade.