Which of the following is a consequence of an increasingly integrated global economy?
A)World output and trade have decreased to dramatically low levels.
B)Many companies find their home markets under attack from foreign competition.
C)Companies are making foreign direct investments in home companies.
D)Imports are failing to penetrate deeper into the world's largest economies.
E)There are reduced opportunities for global trade.

Question

Quizplus · Accepted Answer

An increasingly integrated global economy means that companies from different countries are competing in the same markets, leading to increased foreign competition in home markets. This can put pressure on domestic companies to improve their products, services, and pricing to remain competitive.

Which of the Following Is a Consequence of an Increasingly