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

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

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

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