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Advantages:
A) It is a relatively low-cost activity to get involved in international business and expand profit.
B) A firm can further create economies of scale which should lead to lower cost...
It is exportation which increases the number of jobs in the producing countries. The credit crunch has affected billions of people in the world forcing them to become redundant. The MEDC (richer)...
I another country does not produce the products that my country produces, I can send my products to that country in exchange for products that they produce that I do not have. .... Simples2.It...