In terms of international business, market globalization can be ...

[jenna1]

In terms of international business, market globalization can be viewed as a ________.
 
  A) consequence of a strong emphasis on traditional values worldwide
  B) consequence of the loss of national sovereignty
  C) driver and consequence of firm-level internationalizatio n
  D) prime cause of rising diseconomies of scale in emerging economies

Question 2

Which of the following is true with regard to new trade theory?
 
  A) According to new trade theory, achieving economies of scale is not necessary for superior international performance.
  B) According to new trade theory, trade is beneficial even for countries that produce only a limited variety of products.
  C) New trade theory suggests that export is less beneficial to firms than commonly believed.
  D) New trade theory rests solely on the premise that countries differ in the type and quantity of production factors they possess.

[juiceman1987]

Answer to Question 1

C

Answer to Question 2

B