First Engineering, a large U.S.-based mechanical engineering firm, is considering entering the global market. Upon careful analysis of the global market, they will find that global trade:
A) opportunities are diminishing.
B) is dominated by emerging, developing countries.
C) is big business today and is expected to be more important in the future.
D) is likely to be severely restricted in the future by nontariff trade barriers.
Correct Answer:
Verified
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