Among the factors that make for the creation of a global industry are all of these EXCEPT
A) Economies of scale
B) The presence of heterogeneous product needs across markets
C) A low level of trade regulation
D) A high level of R & D expenditures on products

Question

Quizplus · Accepted Answer

The presence of heterogeneous product needs across markets does not contribute to the creation of a global industry. Instead, homogeneous or similar product needs across different markets are more conducive to forming a global industry, as they allow for standardization and economies of scale.

Among the Factors That Make for the Creation of a Global