Which of the following scenarios most accurately portrays the role of global value chains in globalization?
a. Companies are increasingly laying off employees and shutting down altogether, forcing many workers to look for jobs overseas.
b. Corporations are setting up different phases of production and assembly in two or three other countries, which creates a global link.
c. Governmental and political incentives to produce goods domestically are driving companies to make products locally and sell them to a wider variety of countries.
d. New immigrants are increasingly working their way into local corporations, which establishes new global connections for companies.
b
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