Question

The globalization of production of goods and services is largely the result of:

Multiple Choice

• None of the options.

• the depletion of home country natural resources.

• multinational corporations' efforts to source inputs and locate production wherever costs are lower and profits higher.

• the unfettered movement of highly skilled labor across national boundaries.

• the global homogenization of consumer tastes for goods and services.

Answer 1

the globalization of production of goods and services is largely the result of:

multinational corporations' efforts to source inputs and locate production wherever costs are lower and profits higher.