Final answer:
It is true that technological advances have aided in making internationalization more accessible for firms of all sizes due to globalization, improvements in communication and information technologies, and the reduction of trade barriers.
Step-by-step explanation:
The question whether technological advances have made internationalization affordable for all sizes of firms is true. The forces of globalization and advancements in communications and information technology have significantly reduced the barriers to international trade and expansion, making it possible for companies of all sizes to engage in international markets.
For smaller firms, technology provides tools to reach a global audience without the need for a vast amount of physical resources. Conversely, large firms can benefit from economies of scale and the ability to manage multiple international operations more efficiently due to technological advancements.
There is an ongoing debate about whether these technologies will lead to larger or smaller firms in the future. Some argue that technology enables small businesses to compete globally, which could lead to a future with a multitude of small competitors.
Others believe that technology will result in 'winner-take-all' markets, where a few large firms dominate. Nevertheless, the reduction of trade barriers such as tariffs and quotas, coupled with improvements in transportation and communication mediums, has heightened global consumer awareness and competition among businesses, further contributing to the internationalization affordances for firms of varying sizes.