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WAEC Marketing 2018 Question 8

Question 8

International Marketing

Which of these factors would facilitate the successful operation of a company in international market?

  1. A.Differences in domestic and foreign cultures
  2. B.Existence of companies producing similar products
  3. C.Provision of government subsidies to foreign investors
  4. D.Availability of local currencies
Show the answer and explanation

Answer: C (Provision of government subsidies to foreign investors)

Explanation

Government subsidies to foreign investors lower costs and make it easier for a firm to operate abroad.