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Pricing Schools Business

Features Pricing Schools Business

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Global Business Strategies

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Questions and Answers

Which trend is one of the most dynamic trends affecting current global business strategies?

The trend toward establishing a world currency

The trend toward using English as the global language

The trend toward the acceptance of the free market system among developing countries (correct)

The trend toward buying American cars in Europe

What event spurred the final downfall of the U.S. economy in 2008 when world trade experienced its deepest decline in more than 50 years?

The U.S. and Cuba joined forces

The stock market ended at a record high

The housing market collapsed (correct)

The Senate and House failed to compromise on interest rates

How has globalization impacted domestic markets in the United States?

Domestic companies have lost their competitive edge in the global market (correct)

Companies with only domestic markets have been able to sustain their customary rates of growth

Domestic companies have experienced a decline in their market share

Multinational companies are making more profit from their domestic markets

What is one of the trends that is NOT affecting current global business strategies?

<p>The trend toward establishing a world currency (A)</p> Signup and view all the answers

What event did NOT contribute to the final downfall of the U.S. economy in 2008?

<p>The U.S. and Cuba joining forces (B)</p> Signup and view all the answers