Part II Match
Section A
Choose the correct word or words from the box to complete the passage
multinational intermediaries precede
subsidiaries joint venture enter into
A firm can enter international markets in several ways. It may license a foreign firm to produce and market its products. It may export its products and sell them through foreign 21 or its own sales organization. It may 22 a joint venture with a foreign firm. It may establish its own foreign 23 . Or it may develop into a 24 enterprise. Generally, each of these methods represent a deeper involvement in international business than those that 25 it in this list.
Section B
Choose the correct word or words from the box to complete the following sentences
fall managers
discount ban