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15 Which of the following statements is NOT TRUE: a. The lower the barriers to international trade, the higher the likelihood of previously domestic firms

15

Which of the following statements is NOT TRUE:

a.

The lower the barriers to international trade, the higher the likelihood of previously domestic firms to view other countries, beside their own single country, as their potential market

b.

The health care service provision sector in the U.S. cannot avail the benefits of outsourcing to low-cost producers in other nations, as manufacturing services may do, because of the nature of the work

c.

The globalization of markets and production and the resulting growth of world trade, foreign direct investment, and imports all imply that firms are finding their home markets under attack from foreign competitors

d.

all other statements are NOT TRUE

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