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Which of the Following Has Been a Key Driver for Firms

Question 8

Multiple Choice

Which of the following has been a key driver for firms to expand globally during the Globalization 3.0 stage?


A) benefits from lower labor costs in manufacturing and services
B) access to low-cost raw materials such as lumber and iron ore
C) low levels of economic growth in emerging economies
D) inefficient infrastructure in countries like China, which have brought down setting-up costs

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