Question

Multinational market regions include countries that seek mutual economic benefit from____________. A. reducing cooperative agreements for economic alliances. B. increasing customs duties among member nations. C. reducing interregional trade and tariff barriers. D. reducing the free flow of capital among member nations. E. increasing domestic trade tariffs.

Answer 1

Answer: Option C

Explanation: In simple words, multinational market refers to the economic system in which different countries of the world trade with each other by decreasing the barriers and taxes so that booth countries could be benefited from the ongoing business.

Multinational market structures have resulted in drastic expansion ion business activities all around the world as the business firms can not target new markets which were earlier out of reach

Hence from the above we can conclude that the correct option is C.