Economics · International Business
In the context of international business, globalization has significantly influenced managerial decision-making primarily by:
- 1Increasing interdependence among national economies through trade, investment, and technology flows✓
- 2Reducing the need for strategic adaptation across different countries
- 3Restricting multinational firms from operating beyond domestic markets
- 4Eliminating all trade barriers between countries
Correct answer
Increasing interdependence among national economies through trade, investment, and technology flows
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