Globalization vs
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Questions and Answers

What does globalization mainly involve?

  • Limited international trade and alliances
  • Global economic integration through free trade and free capital mobility (correct)
  • Increasing importance of international trade and relations
  • Development and selling of products in certain regions

    • How is internationalization defined in the context of policy?

  • Limited international trade and alliances
  • Development and selling of products in certain regions
  • Global economic integration through free trade and capital mobility
  • Refers to the increasing importance of international trade, relations, treaties, and alliances (correct)

    • What reflects the trend of firms in the context of business internationalization?

  • Increasing importance of international trade and relations
  • Buying, developing, producing, and selling products and services in most countries and regions in the world (correct)
  • Development and selling of products in certain regions
  • Limited international trade and alliances

    • What does globalization in the business context involve?

    <p>Reflects the trend of firms buying, developing, producing, and selling products and services in most countries and regions in the world</p> Signup and view all the answers

    What is the main characteristic of internationalization according to the text?

    <p>Doing business in many countries in the world, but often limited to a certain region</p> Signup and view all the answers

    What does globalization in the business context involve?

    <p>Buying, developing, producing, and selling products and services in most countries and regions in the world</p> Signup and view all the answers

    What reflects the trend of firms in the context of business internationalization?

    <p>Reflecting the trend of firms doing business in many countries in the world, but often limited to a certain region</p> Signup and view all the answers

    How is internationalization defined in the context of policy?

    <p>Refers to the increasing importance of international trade, international relations, treaties, alliances, etc.</p> Signup and view all the answers

    What is the main characteristic of internationalization according to the text?

    <p>Reflecting the trend of firms doing business in many countries in the world, but often limited to a certain region</p> Signup and view all the answers

    What does globalization mainly involve?

    <p>Global economic integration of many formerly national economies into one global economy</p> Signup and view all the answers

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