Because of the global presence of widely accepted products like Citicorp credit cards, Coca-Cola, and McDonalds, national markets are all but disappearing.
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The most global markets are the markets for consumer products.
A. TRUE
B. FALSE
Although many companies have lowered their overall cost structure and have improved the quality of their products by dispersing their production activities to locations around the world, this activity is confined primarily to large firms.
A. TRUE
B. FALSE
Foreign direct investment occurs when a firm exports goods or services to consumers in another country.
A. TRUE
B. FALSE
International trade occurs when a firm invests resources in business activities outside its home country.
A. TRUE
B. FALSE