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Question
Which of the following is true of a "follow the leader" scenario in the context of foreign direct investment?A) Companies that practice "follow the leader" supply each other with inputs.
B) Companies that practice "follow the leader" pressurize each other to follow environmentally safe methods.
C) It is a frequent practice in industries with a limited number of large firms.
D) It is common in industries in which producers source component parts from suppliers.
Answer
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Related questions
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Which of the following statements is true of developing countries that have embraced globalization?
A) The countries have experienced an increase in life expectancy.
B) As a result of extensive commercialism, there has been a decline in personal income.
C) Relying upon developed countries for technology has rendered their talent pool stagnant.
D) Their rich cultural diversity hasn't been affected by exposure to new cultures.
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B) lower workers' wages in developed nations
C) surfeit of jobs in developed nations
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B) The government considers banking sector as important to national security.
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