According to mercantilism, a nation's wealth is determined by its ...

[luminitza]

According to mercantilism, a nation's wealth is determined by its holdings of gold and silver.
 
  Indicate whether the statement is true or false

Question 2

Briefly explain the strategic imperatives that motivate an organization to engage in international business.
 
  What will be an ideal response?

[fromAlphatoOmega22]

Answer to Question 1

TRUE

Answer to Question 2

There are several motivations for engaging in international business. Some organizations are motivated by a desire to leverage core competencies. Others enter international markets to acquire resources and supplies, such as, materials, labor, capital or technology. Seeking new markets is also a common reason for international expansion. Additionally, some organizations may enter international markets to better compete with rivals.