Which of the Following Is Most Likely to Be the Consequence

question 67

Multiple Choice

Which of the following is most likely to be the consequence of increased growth of global trade?

• A) Home markets become richer in opportunities.
• B) Foreign firms expand aggressively into new international markets.
• C) Global competition is curbed.
• D) Industries become safe from foreign competition.
• E) Domestic companies increase their chances to dominate their home markets.

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Definitions:

Integrated Contracts

Legal agreements that combine all terms and conditions outlined in several related documents into a single, comprehensive document.

First-Assignment-in-Time Rule

A legal principle that gives priority to the first assignee in time when multiple assignments have been made for the same rights or property.

Intended Beneficiaries

Persons or entities for whom a contract creates a benefit, even though they are not a direct party to the contract.

First-Assignment-in-Time Rule

A principle stating that the party who first receives an assignment or right will have priority over others in certain legal contexts.