Which of the Following Statements Is True in the Context

question 57

Multiple Choice

Which of the following statements is true in the context of globalization of production and markets?

• A) Globalization of production has significantly increased the costs for many industries.
• B) The globalization of markets and production has failed to threaten companies' home markets.
• C) Consolidated oligopolies continue to be dominated by a small number of companies despite globalization.
• D) The shift from national to global markets has curbed competitive rivalry in many industries.
• E) Globalization has significantly increased the threat of entry.? 

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Definitions:

Liable

Being legally responsible for something, especially in terms of being subject to legal action or obligation to provide compensation.

Default Judgement

A judgment entered by a court for the plaintiff when the defendant fails to respond to a legal action.

Memorandum of Law

A detailed written document prepared by an attorney to present legal arguments and precedents in support of a case.

Motion to Dismiss

A legal request asking a court to dismiss a case mainly on the grounds that even if all facts claimed are true, there is no legal basis for a lawsuit.