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what is an example of an obstacle to globalization? multiple choice question. a decrease in the overhead expenses incurred by firms an increase in cross-border trade differences in legal regulations among national markets similarities in the business systems used in national markets
what is an example of an obstacle to globalization? multiple choice question. a decrease in the overhead expenses incurred by firms an increase in cross-border trade differences in legal regulations among national markets similarities in the business systems used in national markets
Onebarrier to globalizationis the variance in legal frameworks among different national markets.The spread of theflow of financial products, goods, technology, information, and jobs across national borders and cultural boundaries is referred to as globalization. In terms of economics, it refers to aglobal interdependencefacilitated by free trade. Globalization gives businesses a competitive edge across the board. Manufacturing abroad allows them tocut operational expenses, lower or eliminated tariffs allow them to purchase raw materials more affordably, and most importantly, they have access to millions of new customers. A social, cultural, political, andlegal phenomenon, globalization.To learn more aboutglobalizationherebrainly.com/question/16719551#SPJ4...