What is the major reason behind the failure of American MNCs to completely dominate the European markets as predicted by Servan-Schreiber?
A) The resurgence of competition for U.S. businesses from all over the world
B) The elimination of import taxes in the European countries
C) The restructuring of U.S industries
D) The decadence of communism
E) The dissolution of colonial powers

Question

Quizplus · Accepted Answer

The major reason behind the failure of American MNCs to completely dominate the European markets as predicted by Servan-Schreiber was the resurgence of competition for U.S. businesses from all over the world. This increased competition made it difficult for American companies to establish dominance in European markets.

What Is the Major Reason Behind the Failure of American