Goods and services with low local responsiveness and high global integration.
A)Cultural or regulated goods and services
B)Global commodities
C)Look and feel goods and services
D)Local commodities
E)None of the above

Question

Quizplus · Accepted Answer

Global commodities are goods and services that have low local responsiveness because they are standardized and widely accepted across different markets. They also have high global integration due to their uniformity and the efficiency of producing and distributing them on a global scale.

Goods and Services with Low Local Responsiveness and High Global