false. 2 1) The global economy is moving progressively towards a world in which nationa economies are relatively isolated from each other. true false 3 4 5 2) The volume of goods, services and investment crossing national borders 6 expanded faster than did world output every year during the last two decades of th 20th century. 7 1 8 9 10 3) Currently global markets are mostly markets for consumer products. 11 15 true false true 12 false 13 16 17 4) To benefit from the globalization of markets, a company has to be a multinational firm true false 18 5) Currently most global markets are for industrial goods and materials that serve a universal need the world over. 19 true 20 > false 21 6) Although many companies have lowered their overall cost structure and have 22 improved the quality of their products by dispersing their production activities to locations around the world, this activity is confined primarily to large firms 23 > true 249 false 25

false. 1) The global economy is moving progressively towards a world in which nation: economies are relatively isolated from each other. 2) The volume of goods, services and investment crossing national borders 6 expanded faster than did world output every year during the last two decades of th 20th century. 7 (4) true 8 - false 9 10 3) Currently global markets are mostly markets for consumer products. 11 s true 12 - false 13 4) To benefit from the globalization of markets, a company has to be a multinationa firm 15 - true 16 o false 17 18 5) Currently most global markets are for industrial goods and materials that serve a universal need the world over 19 - true 20 of false 21 6) Although many companies have lowered their overall cost structure and have 22 improved the quality of their products by dispersing their production activities to locations around the world, this activity is confined prumarily to large finms 23 t tue x+ filse