Economics · Business Environment
Globalization as a business condition has led to which of the following significant impacts on domestic industries?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Reduction in consumer choices
- 2Elimination of multinational corporations
- 3Increased competition along with access to global markets and technology✓
- 4Complete isolation from international markets
Correct answer
Increased competition along with access to global markets and technology
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