Which of the following is most likely to be the consequence of increase in growth of global trade?
A) Home markets become richer in opportunities.
B) Foreign firms expand aggressively into new international markets.
C) Global competition is curbed.
D) Industries become safe from foreign competition.
E) Domestic companies increase their chances to dominate their home markets.

Question

Quizplus · Accepted Answer

An increase in global trade will lead to an increase in foreign firms seeking to expand into new international markets to take advantage of new opportunities, diverse customer bases, and lower barriers to trade.

Which of the Following Is Most Likely to Be the Consequence