In the EU,many firms have historically been limited by a low cost structure in their ability to compete globally with North American and Asian firms.

Name: In the EU,many firms have historically been limited by a low cost structure in their ability to compete globally with North American and Asian firms.
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Question

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European firms have often faced challenges due to higher cost structures, not lower, which can impact their global competitiveness compared to North American and Asian firms.

In the EU,many Firms Have Historically Been Limited by a Low