How Has Globalization Impacted Domestic Markets in the United States

question 2

Multiple Choice

How has globalization impacted domestic markets in the United States?

• A) Companies with only domestic markets have been able to sustain their customary rates of growth.
• B) Multinational companies are making more profits from their domestic operations compared to their earnings from the foreign markets.
• C) Only multinational companies with large production facilities have outperformed their strictly domestic U.S. counterparts.
• D) The domestic companies have reduced their manufacturing employment more than U.S. multinationals.
• E) Multinational manufacturing companies in all industries and sizes have outperformed their domestic counterparts.

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Definitions:

Price Elasticity

A measure of how much the demand or supply of a product changes in response to a change in its price.

Lottery Tickets

Certificates or electronic entries that grant the holder a chance to win a prize in a drawing or contest, often governed by state or national lotteries.

Price Elasticity

A measure of how much the quantity demanded of a good responds to a change in its price, with high elasticity indicating sensitivity to price changes.

Supplier

An entity that provides goods or services, typically in exchange for payment.