Asked by Oscar Zamora on May 08, 2024
Verified
Refer to Regina Exteriors. If Regina Exteriors expands its operations in the U.S. by buying a U.S.-based company named Pollard's Tiles, it can be described as a(n)
A) joint venture.
B) exporting activity.
C) licensing agreement.
D) culturally insensitive activity.
E) cross-border merger.
NAFTA Trade Agreement
Refers to the North American Free Trade Agreement, a treaty between Canada, Mexico, and the United States that aimed at eliminating most tariffs and barriers to trade and investment among the three countries.
Cross-Border Merger
A Cross-Border Merger involves the combination of companies from different countries to create a single global entity, aiming to expand market reach and optimize resources.
North America
A continent located in the northern hemisphere, mainly between the Atlantic and Pacific Oceans, comprising countries like the United States, Canada, and Mexico.
- Comprehend the real-world effects of cultural variations in international commerce operations.
Verified Answer
MP
Madelyn PorterMay 09, 2024
Final Answer :
E
Explanation :
Expanding operations in the U.S. by buying a U.S.-based company constitutes a cross-border merger, where a company from one country merges with or acquires a company in another country.
Learning Objectives
- Comprehend the real-world effects of cultural variations in international commerce operations.