Which of the following is true regarding the impact of globalization on domestic markets in the United States?
A) Companies with only domestic markets have been able to sustain their customary rates of growth.
B) Multinational companies are making more profits from their domestic operations compared to their earnings from the foreign markets.
C) Only multinational companies with large production facilities have succeeded in the international markets.
D) The domestic companies have reduced their manufacturing employment more than the US multinationals.
E) Multinational manufacturing companies in all industries and sizes have outperformed their domestic counterparts.

Question

Quizplus · Accepted Answer

Companies with only domestic markets have found increasing difficulty in sustaining their customary rates of growth, and many are seeking foreign markets in which to expand. Companies with foreign operations find that foreign earnings are making an important overall contribution to total corporate profits. Multinationals of all sizes and in all industries outperformed their strictly domestic U.S. counterparts. Furthermore, U.S. multinationals reduced their manufacturing employment, both at home and abroad, more than domestic companies.

Which of the Following Is True Regarding the Impact of Globalization