Which of the following is not an argument in favor of the globalization of business?
A) More efficient use of resources lowers operating costs and selling prices.
B) More products are made available and new markets are opened.
C) Economic and political security are enhanced.
D) Technology transfers improve living standards in poorer countries.
C
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A firm earns $600 of total revenue from selling its product at $200 per unit. If the per-unit cost of producing the good is $150, the firm sells ________ units(s) of the good
A) 1 B) 2 C) 3 D) 4
An appreciation of the U.S. dollar will tend to encourage, other things the same ________
A) the purchase of U.S. goods by foreign economic agents B) the purchase of foreign goods by U.S. economic agents C) the purchase of U.S. goods by U.S. economic agents D) the purchase of U.S. assets by foreign economic agents