Why do companies engage in the globalization of production? Multiple choice question. To increase the overall cost structure of their business operations To lower their profit margin by outsourcing, which allows them to compete more effectively To increase the barriers to cross-border trade To lower their overall cost structure or improve the quality of their product offeringWhat is an accurate description of the International Monetary Fund (IMF)? Multiple choice question. Unlike the World Trade Organization, the IMF does not usurp the sovereignty of nation-states. The IMF is considered less controversial than the World Bank. In return for loans, the IMF does not mandate nation-states to adopt specific economic policies. The IMF is often seen as the lender of last resort to nation-states whose economies are in turmoil