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By expanding into new markets, cosmetic firm like L-Oreal, P&G, Unilevers, and AmorePacific, are able to spread their central research and development expenditures over a
By expanding into new markets, cosmetic firm like L-Oreal, P&G, Unilevers, and AmorePacific, are able to spread their central research and development expenditures over a larger volume of production. This is an example of exploiting what type of global advantage? Group of answer choices Economies of scale National difference (arbitrage) Economies of replication Global learning Flexibility and leverage
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