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CBSE Class 11-commerce Answered

Name the mode that brings the firm closer to international markets?
Asked by subhashmaurya9628 | 27 Feb, 2019, 07:50: PM
answered-by-expert Expert Answer

Contract manufacturing modes of entry bring a firm closer to international markets. This is because the firm gets certain components or goods produced by local manufacturers in foreign countries. Goods so manufactured or assembled by the firm are delivered in the international market.

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