Which of the Following (If Any) Is a Driver of Globalization

question 14

Multiple Choice

Which of the following (if any) is a driver of globalization?

• A) Consumers who are exposed to foreign brands when they travel internationally and demand access to those brands in their home countries.
• B) The reduction in tariff and non-tariff barriers around the world
• C) The need for companies to reduce manufacturing costs
• D) All of the above
• E) None of the above

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Definitions:

Registration Statement

A legal document submitted to regulatory authorities providing details about an investment offering for sale to the public, typically containing financial data, risks, and other significant information.

Prospectus

An official document that a company issues to potential investors detail the offering of securities for sale, providing financial data, and disclosing risks.

Securities Act of 1933

A U.S. federal law enacted to ensure transparency and fairness in the securities market, requiring that investors receive significant information regarding securities being offered for public sale.

Due Diligence Defense

A legal defense whereby the defendant can avoid liability by proving that they took all possible steps to avoid committing an offence.