Examples of government pressures favoring industry globalization are favorable trade policies and ________,
A) technological standards
B) global competitors
C) arbitrage opportunities
D) favorable logistics

Question

Quizplus · Accepted Answer

Technological standards can be a form of government pressure favoring industry globalization, as consistent technical standards across borders can make it easier for businesses to operate globally and access new markets. The other options, such as global competitors, arbitrage opportunities, and favorable logistics, may be factors that contribute to globalization but are not necessarily directly influenced by government policies.

Examples of Government Pressures Favoring Industry Globalization Are Favorable Trade