What has research shown the main implications of Europeanization of international trade and investment to have been for firms and industries?
A) limited impact on the structure of industries, even when considering firm and industry size
B) Europeanization leads to fragmentation of industries as they become larger.
C) Industries tend to consolidate and get bigger when markets enlarge and competition grows.
D) none of these

Question

Quizplus · Accepted Answer

Europeanization of international trade and investment often results in industries consolidating and becoming larger as markets expand and competition increases. This is because firms seek efficiencies and economies of scale to remain competitive in a larger, more integrated market.

What Has Research Shown the Main Implications of Europeanization of International