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Questions and Answers
What is the main focus of globalization of markets?
What is the main focus of globalization of markets?
- Promotion of local tastes and preferences
- Integration of different international markets into one global marketplace (correct)
- Reduction of domestic market barriers
- Standardization of production processes across different countries
What is an example of a global norm as mentioned in the text?
What is an example of a global norm as mentioned in the text?
- Using locally produced furniture
- Purchasing from international fast food chains (correct)
- Consuming region-specific soft drinks
- Following traditional cultural practices
How has aggressive global marketing contributed to globalization of markets?
How has aggressive global marketing contributed to globalization of markets?
- By promoting local products over global brands
- By standardizing customer preferences worldwide
- By discouraging cross-border trade
- By facilitating the spread of global tastes and preferences (correct)
What has led to the acceleration of international sales for countries?
What has led to the acceleration of international sales for countries?
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How has the Chinese film market changed in relation to globalization?
How has the Chinese film market changed in relation to globalization?
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