Multiple Choice
Which of the following is a characteristic of market grouping?
A) It occurs when government efforts stifle imports or investment by foreign corporations.
B) It occurs when several countries agree to work together to form a common trade area.
C) It occurs when a trade agreement dramatically lowers trade barriers across the world.
D) It occurs when a domestic firm joins with a foreign company to create a new entity.
Correct Answer:

Verified
Correct Answer:
Verified
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