Global competition exists when
A. firms originate, produce, and market their products and services worldwide.
B. the firm from one nation dominates the market for its product in every nation.
C. two or more firms from different nations combine their resources to market products in a single domestic market.
D. two firms from two different countries compete for market share in a single domestic market.
E. a firm produces and markets its products domestically rather than globally.
Answer: A
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