Globalization of markets results in markets becoming
A) more interdependent.
B) less diverse.
C) more protected.
D) less competitive.

Question

Quizplus · Accepted Answer

As markets become global, greater uniformity replaces diversity. In an increasing number of industries, it is no longer meaningful to talk about "the German market," "the American market," "the Brazilian market," or "the Japanese market"; for many firms there is only the global market.

Globalization of Markets Results in Markets Becoming