When should a firm consider expanding from strictly domestic trade to international trade?   When should it consider becoming further involved in international trade?  What factors might affect the firm’s decisions in each case?

Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter34: Globalization And Protectionism
Section: Chapter Questions
Problem 34RQ: If opening up to free trade would benefit a nation, then why do nations not just eliminate their...
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When should a firm consider expanding from strictly domestic trade to international trade?  

When should it consider becoming further involved in international trade?  What factors might affect the firm’s decisions in each case? 

 

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