Question

In an example of _______, Vladimir is a manager at Auttowort Inc., an automotive plant in the United States. Auttowort has started expanding to other countries and is now sourcing 25 percent of its parts at a discounted rate from an automotive supplier in Brazil. It has also outsourced some of its operations to India.

Answer 1

The correct answer is globalization.

Step-by-step explanation:

Globalization can be defined in economic terms as the process of connecting different countries worldwide by reducing trade barriers. It is the process of interaction and integration between different countries through free trade.

Products, technology, jobs information, etc move freely between countries.

Under globalization, companies are able to sell their goods in foreign markets, purchase inputs in foreign markets, as well as operate in foreign countries.