Which of the following factors hinders globalization of consumer goods market?
A) National differences in tastes and preferences
B) Higher production costs in developed nations
C) Homogenization of material culture
D) Increased outsourcing of goods and services

Question

Quizplus · Accepted Answer

The most global markets currently are not markets for consumer products-where national differences in tastes and preferences are still often important enough to act as a brake on globalization-but markets for industrial goods and materials that serve a universal need the world over.

Which of the Following Factors Hinders Globalization of Consumer Goods