Based on your knowledge of regionalization in comparison with globalization,which of the following scenarios best reflects the true picture of international trade and investment?
A)A U.K.company has 50 percent of its sales in the United Kingdom,25 percent in Germany,and 25 percent in France.
B)A Latin American firm has 65 percent of its sales in Canada,25 percent in the United States,and 10 percent in Latin America.
C)A Mexican corporation has 45 percent of its sales in South America,35 percent in Canada,and 20 percent in the United States.
D)A U.S.company has 60 percent of its sales in Asia,30 percent in Mexico,and 10 percent in the United States.

Question

Quizplus · Accepted Answer

This scenario reflects regionalization, as the majority of sales are within a specific region (Europe) rather than spread out globally. This contrasts with globalization, which involves companies operating and trading on a worldwide scale without regard for regional boundaries.

Based on Your Knowledge of Regionalization in Comparison with Globalization,which