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50) Which of the following drivers of market globalization does Markus most likely cite as responsible for the company's expansion to Eastern Europe?A) advances in technologyB) integration of world financial marketsC) market liberalizationD) industrializationAnswer: CDiff: 2Page Ref: 34Skill: ApplicationObjective: 2-2AACSB: Analytic skillsdownload instant at
download instant at 51) In describing the main driver behind Pax's expansion to China, Rashid most likely emphasizes ________.CDiff: 2Page Ref: 37Skill: ApplicationObjective: 2-4AACSB: Analytic skills52) Lavonne's research most likely recognizes which of the following drivers of market globalization as responsible for the company's expansion to Japan?ADiff: 2Page Ref: 37Skill: ApplicationObjective: 2-4AACSB: Analytic skillsGlobalization Debate (Scenario)In his international business class, Professor Jang organizes a debate on the societal effects of market globalization. Juan Prince takes a position that highlights the negative effects of market globalization. He emphasizes how multinational enterprises can wield so much influence that they threaten national sovereignty. He also notes the prevalence of low wages and sweatshop conditions as firms utilize low-cost labor abroad. Juan then describes the detrimental effects of corporate pollution on the environment, and he ends his argument by explaining how market globalization helps homogenize national cultures. Rina Taylor is assigned to counter Juan's position.53) Which of the following does Rina most likely cite as a counter example to Juan's argument regarding the influence of MNEs on national sovereignty?ADiff: 3Page Ref: 46Skill: Critical ThinkingObjective: 2-6AACSB: Dynamics of the global economy; Reflective thinking skillsdownload instant at