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Question
question 7 (1 point) listen which of the following statements is true of international trade? a) it offers companies an invaluable source of new ideas. b) it increases the economic risk for multinational companies. c) it increases a firms dependence on its domestic economy. d) it reduces a firms opportunity to tap into growing new markets.
Brief Explanations
- Option a: International trade exposes companies to diverse markets/techniques, providing new ideas.
- Option b: It can diversify risk, not increase for multinationals.
- Option c: It reduces domestic economy dependence by accessing global markets.
- Option d: It expands market access, not reduce opportunities.
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a) It offers companies an invaluable source of new ideas.