Restrictive Trade Barriers Most Likely Influence the Globalization of Businesses

question 3

Multiple Choice

Restrictive trade barriers most likely influence the globalization of businesses by encouraging firms to ________.

• A)develop joint ventures with local firms
• B)import supplies from foreign vendors
• C)expand the exportation of raw materials
• D)switch from exporting to overseas manufacturing

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Definitions:

Behavioral Responses

Behavioral responses are the actions or reactions of an individual in response to external or internal stimuli.

Affective Responses

Emotional reactions or feelings that are elicited by stimuli, events, or interactions, influencing behavior and decision-making.

Creativity

Creativity involves the ability to generate new ideas, solutions, or approaches, often leading to innovative outcomes.

Negative Affect

A psychological term for negative emotions and mood states, including sadness, anger, and anxiety.