Arnold's is a Canadian company that manufactures sports shoes.The CEO cautions that there is a disadvantage associated with planning increased globalization of production.Which of the following is the most likely disadvantage the CEO is referring to?
A) Heavy job losses in the domestic market.
B) Greater disparities in living standards will emerge.
C) Trade barriers will be reduced between countries.
D) Substantial job losses will occur in developing markets.
E) Increased competition will emerge between companies.
Correct Answer:
Verified
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