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International Management UPDATED Exam Questions and CORRECT Answers
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One of the consequences of an increasingly integrated global economy is that imports are penetrating deeper into the world's largest economies. TRUE Companies both large and small now view the world, rather than a single country, as their marketplace. TRUE NAFTA had an immediate and negative effect on the U.S. automobile industry. FALSE When pressures for local responsiveness are high and pressures for global integration are low, the global model is appropriate. FALSE One of the advantages of exporting is that it provides scale economies. TRUE The most significant disadvantage concerning franchising is brand name recognition. FALSE
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