Why it is more difficult to operate in world market than in home market?
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Expert's answer
2015-05-26T09:19:58-0400
World market is more complicated than local because of: - number of possible variations in resource prices; - presence of other competitors (with possiblymore upgraded product); - need to adapt your product to the special requirements of different nations and cultures; - need to take into account different standards of life in different countries; - need to include higher transportation costs, which increase the product price.
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