The globalization of markets and production and the resulting growth of world trade,foreign direct investment,and imports all imply that firms are finding it easier to protect themselves from the attack of foreign competitors.

Question

Quizplus · Accepted Answer

The statement is false. The globalization of markets and production and the resulting growth of world trade, foreign direct investment, and imports imply that firms face increased competition from foreign competitors, rather than finding it easier to protect themselves.

The Globalization of Markets and Production and the Resulting Growth