Which of the Following Statements Is True in the Context

question 17

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' horne 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:

Cellphone

A portable device that allows users to make and receive calls, send text messages, and access various multimedia and internet functions.

Standard of Value

A recognized measure that people use to set prices and make economic evaluations, such as a currency.