In 1770,Thomas Pine I was a tobacco merchant in Virginia.In 2014,Thomas Pine VI,the descendant of Thomas Pine I,was a tobacco merchant in Virginia.In terms of the global competitive environment,which of the following is not a difference between the competitions faced by Thomas Pine I and Thomas Pine VI?
A) The 1770 merchant has very few choices in regard to the nation to which he exported his tobacco.
B) The 1770 merchant most likely exported only the surplus of his product that he could not sell in America.
C) In 1770 there was no factory system to make tobacco production and processing more efficient and financially rewarding.
D) There were few tobacco merchants in America in 1770,but in 2014 tobacco was farmed in all of the 50 states.
Correct Answer:
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