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How should a US firm that currently exports only to ASEAN countries respond to the creation of a single market in this regional grouping?
Wiki User
∙ 12y ago
A US business firm that is currently exporting to only ASEAN countries should
seriously consider opening a facility somewhere in this grouping, as the economics of a common
market suggest that outsiders can be at a disadvantage to insiders. The opening of borders within
ASEAN also has the potential to increase the size of the market for the firm. Of course it is
possible, after careful consideration, that exporting may still be the most appropriate means of
serving the market.
Wiki User
∙ 12y ago
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