In terms of free trade,all of the following are correct,except:
A) Free-trade areas create an opportunity for manufacturing organizations because it lets them reduce their costs.
B) It facilitates organizations wishing to serve the whole region from one location rather than establishing separate operations in each country.
C) Some managers view regional free-trade agreements as a threat because they expose a company based in one-member country to increased competition from companies based in the other member countries.
D) Organizations can reduce costs by shifting production to the lowest-cost location within the free-trade area
E) Free trade is generally recognized around the world as being protectionist.
Correct Answer:
Verified
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