According to the text, which were the two major challenges U.S. multinational corporations were facing at the close of the 1960s?
A) The rise of socialism/communism in the (former) Soviet Union and the higher tariffs on imports
B) Growing jingoistic nationalism and a negative population growth rate in major international markets
C) Resistance to direct investment and increasing competition in export markets
D) Increasing Chinese domination in the manufacturing sector and the falling dollar in global markets
E) Political intervention in free trade movement and growing influence of consumer rights advocacy in the home market

Question

Quizplus · Accepted Answer

At the close of the 1960s, U.S. multinational corporations (MNCs) were facing major challenges on two fronts: resistance to direct investment and increasing competition in export markets.

According to the Text, Which Were the Two Major Challenges