Question 18 (1 point) Which of the following is true of a firm's choice of...
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Accounting
Question 18 (1 point) Which of the following is true of a firm's choice of entry mode? 1) It is based on a firm's in-house production experience. 2) It is based on a firm's operational practices. 3) It is based on a firm's international experience. 4) It is based on a firm's product. Question 19 (1 point) Identify a true statement about administrative distance. High administrative distance can decrease the effect of geographical distance. Low administrative distance can keep foreign firms from entering a new country to expand business. 3) Low administrative distance can increase the rate of entry by foreign firms into a country. 4) High administrative distance lowers both transportation and communication costs
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