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Author Question: Which of the following is characteristic of master franchise arrangements? A) subfranchises to ... (Read 48 times)

luvbio

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Which of the following is characteristic of master franchise arrangements?
 
  A) subfranchises to other independent businesses and thus assumes the role of the local franchisor
  B) franchisee provides completely standardized business activities, replicated across diverse markets
  C) franchise networks where franchisor provides a lump-sum payment to get started in a foreign market
  D) franchise networks that pay fewer royalties to franchisors

Question 2

Adam Smith believed that ________.
 
  A) governments should determine trade flows
  B) market forces should determine trade flows
  C) international trade should be restricted by tariffs and quotas
  D) countries should produce most goods themselves and trade as little as possible


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frankwu0507

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luvbio

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Reply 2 on: Jul 7, 2018
YES! Correct, THANKS for helping me on my review


TheDev123

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Reply 3 on: Yesterday
Excellent

 

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