Which of the Following Statements Is Correct

Multiple Choice

Which of the following statements is correct?

A) Financial institutions in other countries generally are less regulated than in the United States.
B) One reason domestic firms "go global" is to sell products in saturated markets.
C) Often firms can avoid labor laws that apply to foreign manufacturers by establishing manufacturing units in the country where the hurdles apply.
D) One of the advantages associated with doing business in international markets is that all countries report their financial statements in the U.S. dollar.
E) A multinational firm takes advantage of the cultural differences among countries and uses the same marketing strategy in every country in which it operates.