Engineering Chiefs, a large U.S.-based mechanical engineering firm, wants to enter the global market. Upon careful analysis of the market, they will find that global trade
A) opportunities are diminishing.
B) is dominated by emerging, developing countries.
C) is big business today and is expected to be more important in the future.
D) is likely to be severely restricted in the future by nontariff trade barriers.

Question

Quizplus · Accepted Answer

Data clearly indicate that global trade is big business today. Most U.S. companies cite global expansion as a link to future growth.

Engineering Chiefs, a Large U