As part of the rapid globalization of today's economy, companies are selling more locally produced goods in international markets and ________.
A)taking a local view of their industry
B)purchasing more supplies abroad
C)reducing competition within their industry
D)downplaying concerns for social responsibility
E)competing solely in traditional marketplaces

Question

Quizplus · Accepted Answer

The statement suggests that companies are selling local goods in international markets, which implies an increase in exports. To keep up with this demand, companies may need to purchase more supplies from foreign countries to maintain their production levels.

As Part of the Rapid Globalization of Today's Economy, Companies