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The main reason behind international business is that the ___________
  • a)
    India is a poor country
  • b)
    All Countries are intersted in setting up businesses in India
  • c)
    India is fully developed country
  • d)
    Countries cannot produce equally well or cheaply all that they need
Correct answer is option 'D'. Can you explain this answer?
Most Upvoted Answer
The main reason behind international business is that the ___________a...
D is correct because:

1) Raw material and Production price vary from Country to Country. That's why different different countries offer the same product at different rates that makes its price cheaper in the country where it's selling price is high

2) Due to the International Business country's GDP can be increased as their goods when sold in foreign countries bring Foreign Income.

3) They got new places to present their goods and products so their market size increases.

4) They get connected with other people and so their Network increases.
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The main reason behind international business is that the ___________a)India is a poor countryb)All Countries are intersted in setting up businesses in Indiac)India is fully developed countryd)Countries cannot produce equally well or cheaply all that they needCorrect answer is option 'D'. Can you explain this answer?
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