Which of the following is responsible for the ability of foreign companies to compete with domestic companies in the global marketplace?
A)AICPA
B)The Sarbanes-Oxley Act of 2002
C)Decreased barriers to international trade
D)International financial reporting standards

Question

Quizplus · Accepted Answer

Decreased barriers to international trade have allowed foreign companies to enter and compete in the global marketplace. This includes reduced tariffs, trade agreements, and the standardization of business practices. The other answer choices do not directly impact the ability of foreign companies to compete with domestic companies in the global marketplace.

Which of the Following Is Responsible for the Ability of Foreign