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25 October, 17:02

Which of the following is most likely a motive of firms in the mining industry to enter new foreign markets?

a. access technological advances

b. increase refining capacity

c. access natural resources

d. low corporate taxes

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Answers (1)
  1. 25 October, 18:57
    0
    c. access natural resources

    Explanation:

    The mining industry is involved in the extraction of minerals like coal and petroleum. These are resources that can't be created in an artificial way and that are non-renowable which is a great concern for this industry and they are always trying to find new places where they can extract these resources. Because of this, the answer is that the option that is most likely a motive of firms in the mining industry to enter new foreign markets is: access natural resources.
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Home » Business » Which of the following is most likely a motive of firms in the mining industry to enter new foreign markets? a. access technological advances b. increase refining capacity c. access natural resources d. low corporate taxes
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