Which one the following is not an Advantage of International Business?
a) Earning Foreign Exchange
b) Economic Growth
c) Intellectual Property Theft
d) Price stabilizationm
Answers
Answer:
What Are the Advantages of International Trade?
Increased revenues. ...
Decreased competition. ...
Longer product lifespan. ...
Easier cash-flow management. ...
Better risk management. ...
Benefiting from currency exchange. ...
Access to export financing. ...
Disposal of surplus goods.
Answer:
The correct answer is c) Intellectual Property Theft
Explanation:
International business guides the exchange of goods, services, technology, capital, and/or knowledge across nationwide boundaries and at a multinational or international hierarchy. It concerns cross-border commerce of goods and services between two or more countries.
The advantages of international business include;
- Improved earnings
- Reduced competition
- Longer product lifespan
- More comfortable cash-flow management.
- Better risk control
- Satisfying with currency exchange
- Entry to export financing
- Removal of surplus goods.
From the given options Intellectual Property Theft is one of the disadvantages of International Business.
Intellectual Property Theft
The more expansive a product exists allocated, the more likely that it may be illegally reproduced by a challenger. This can be in the condition of a proprietary statement or market branding.
Therefore, The correct answer is c) Intellectual Property Theft.