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disadvantages choosing a foreign company outside the European Union.

disadvantages choosing a foreign company outside the European Union.

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Answer #1

Disadvantages of not being part if European Union :

  1. Limited access to European countries and market
  2. Trade barriers and no free trade import exports
  3. Limited consuner behaviour change
  4. Limited capital inflow and stringent FDI norms
  5. Lack of versatile and dyanmic talent
  6. High cost of servicing and setup costs
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