The "liability of foreignness" is the:
A. inability of most U.S. managers to truly comprehend foreign cultures.
B. political disadvantage that U.S. firms have when doing business abroad.
C. risk of participating outside a firm's domestic markets in the global economy.
D. preference for "buying local," which always puts foreign firms at a disadvantage when competing in the U.S. market.
Answer: C
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Answer the following statements true (T) or false (F)
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A. high-reliability organizations B. low-reliability organizations C. low uncertainty avoidance D. high uncertainty avoidance