Canadian Office Furniture Manufacturing Ltd (COFM) was trying to enter the Australian market, but without any success. The main issue is that the Australian government supports local manufacturers. COFM has successfully bid to acquire an Australian office furniture manufacturer. Which of the following benefits will COFM achieve by the acquisition?
Accessing the restricted local market
Removing the government support for local manufacturers
Decreasing the competition between local manufacturers
Improving its knowledge of the local market
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