When should a firm consider expanding from strictly domestic trade to international trade? what factors might affect the firm's decision?

select and discuss one of the ten factors below in depth:

1. cultural barriers

2. tariffs

3. exporting/importing

4. competition

5. price

6. laws/regulations

7. risk

8. capital

9. marketing

10. joint ventures

The telegraph, the transatlantic telegraph cable, and the telephone were important to businesses after 1850 because of a. they created a system for developing new inventions. b. they filled a need that other inventions of the day could not. c. they attracted investors and created the stock market. d. they made picture-taking a popular american pastime.