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As the CEO of Language-Learning Inc., you want to establish a market for your product around the globe. How will you begin the expansion process
As the CEO of Language-Learning Inc., you want to establish a market for your product around the globe. How will you begin the expansion process in order to minimize costs? Select answer from the options below Prepare a list of countries with free-trade zones to eliminate tariffs and trade restrictions, then identify additional countries and their restrictions to determine the costs of expansion. Propose your idea to the World Trade Organization in order to keep costs down and maintain your low-cost advantage. Negotiate with GATT to reduce tariffs with the hopes of relaxing import quotas on your product in the countries of your choice. Unify the standards and laws of the countries you would like to trade with, open trade, and market to lower-wage economies
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