________ and a need to serve local markets better encourage companies to disperse production facilities and at least become multinational.
A)Pessimism
B)Capitalism
C)Collectivism
D)Protectionism

Question

Quizplus · Accepted Answer

Protectionism refers to the economic policy of protecting domestic industries by imposing tariffs or barriers on foreign imports. This would incentivize companies to have production facilities in multiple locations to better serve local markets and avoid high tariff costs.

________ and a Need to Serve Local Markets Better Encourage