Many Firms, of All National Origins, Increasingly Depend on ________

question 25

Multiple Choice

Many firms, of all national origins, increasingly depend on ________ for their competitive advantage.

• A) globally dispersed production systems
• B) specific tariffs
• C) infant industries
• D) subsidies

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Definitions:

Decrease

A reduction in size, number, value, or extent.

Oil Company

A business entity engaged in the exploration, extraction, refining, transportation, and sale of petroleum products.

Pump Oil

The process of extracting crude oil from the ground using mechanical devices known as pumps, typically found in oil wells.

Future Profits

Expected earnings or gains in the coming periods, often projected based on current trends, market conditions, and business plans.