Steps in Global Value Chains Typically Take Place __________

question 4

Multiple Choice

Steps in global value chains typically take place __________.

• A) under one roof
• B) in one country
• C) in different locations across the globe
• D) in different locations within neighboring regions

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Definitions:

Boycott

An organized refusal to buy, use, or engage with a company, country, or product as a form of protest.

Price Discrimination

A pricing strategy where a seller charges different prices for the same product or service to different customers, not based on cost differences but on consumers' willingness to pay.

Preference in Pricing

A practice where certain customers are offered better prices or terms than others, often based on the volume of business, loyalty, or strategic importance.

Clayton Act

A U.S. antitrust law aimed at promoting competition among businesses by prohibiting certain practices that restrict commerce.