(Choose 1 answer)
Had globalization not occurred, most European companies would not have been able to compete against larger U.S. and Japanese companies because of:
A. the lack of funds among Europeans.
B. the inability to achieve economies of scale owing to the small size of most of the European nations.
C. all are correct.
D. the cultural differences prevailing amongst nations.
E. the political and legal differences amongst the nations.
