Final answer:
False. Global sourcing does not eliminate the possibility of new rivals in a country.
Step-by-step explanation:
The statement 'Global sourcing eliminates the possibility of new rivals being created in a country' is False. Global sourcing refers to a business strategy of procuring goods or services from different countries in order to benefit from cost savings, expertise, or other advantages.
While global sourcing can provide benefits to companies, it does not guarantee the elimination of new rivals in a country. In fact, global sourcing can create new opportunities for competitors to enter a market and challenge existing players.