Which of the Following Statements About Globalization Is False

question 174

Multiple Choice

Which of the following statements about globalization is false?

• A) Globalization means that the main players in the world's economy are now international or multinational corporations.
• B) In many industries,global strategies are replacing country-by-country approaches.
• C) Most domestic U.S.corporations are capable of effective international competition with little or no change to their structures or operations.
• D) Global markets now exist for most products.

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Definitions:

Fully Developed

Having reached the maximum stage of growth or advancement in physical, emotional, or intellectual capacities.

Adulthood

The stage of life following adolescence, characterized by legal recognition of personhood, maturity, and increased responsibilities.

Economic Factors

Elements that influence consumer behavior, business operations, and economic policies, including inflation, unemployment rates, and interest rates.

Affluent Young Adults

Young individuals who possess significant financial wealth or high-income levels.