xenophobia, tariffs, lack of local contacts, not knowing who or when to bribe, not knowing local customs and ways of doing business, are good starters.
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2 Responses to What are the barriers to entry in international market for entrepreneur?
They are typically the same as the barriers to entry within the domestic market, plus:
– Ignorance of local laws and customs
– Lack of language skills
– Lack of direct contact
xenophobia, tariffs, lack of local contacts, not knowing who or when to bribe, not knowing local customs and ways of doing business, are good starters.