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Which type of interenational market gives the firms a near monopolistic opportunities for the business, upon exploring the latent demand among consumers at the destination
Which type of interenational market gives the firms a near monopolistic opportunities for the business, upon exploring the latent demand among consumers at the destination country? A. Oliogpolistic market where there are many sellers and many buyers, who canibalize the market share of each firm. B. Dorment market that requires firms to invest in consumer education to prepare them for consumption. However, it is a bit risk averse strategy as competitors may sneak into the consumer education process. C. Existing market with high competition and sustitution effect on products and services. D. Potential market in which firms explore the gap between consumer needs and availability of products in the markets
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