Question : How has globalization affected markets?
Option 1: By reducing international trade
Option 2: By increasing local cultural practices
Option 3: By standardizing products and services worldwide
Option 4: By decreasing the influence of multinational corporations
Correct Answer: By standardizing products and services worldwide
Solution : Globalization has affected markets by standardizing products and services worldwide, leading to a convergence of consumer preferences and business practices.
Question : How has globalization influenced the structure of markets?
Question : Globalization has led to:
Question : Globalization has led to the expansion of:
Question : How does globalization affect economic change?
Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile