Which one of the following does NOT contribute to the rapid development of globalization?
A) Falling trade barriers
B) Advanced communication technology
C) Reductions in transportation costs
D) Increasing local tariffs

Question

Quizplus · Accepted Answer

Protective or local tariffs actually discourage a firm's willingness to go global by providing reduced competition in domestic markets and thus higher profit levels than often can be gained in the international markets.

Which One of the Following Does NOT Contribute to the Rapid