With internationalization,the threat of new entry into domestic industries are increases because:
A) Customers prefer imported products to domestically-produced products
B) The World Trade Organization (WTO) prevents governments protecting their domestic industries through subsidies and import restrictions
C) Barriers to entry that would deter domestic firms may be easily overcome by large firms from other countries
D) Foreign-based,state-owned enterprises are not deterred by losses earned in overseas markets
Correct Answer:
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