The document discusses factors to consider for globalization such as markets, costs, competition, governments, and treaties. It also notes that selling foreign products domestically is considered importing and that when markets are similar across regions it makes sense to globalize that industry.

1. Which of these would be considered categories to review as globalization factors? Select all that
apply.
Responses:
Markets
Contracts
Costs
Treaties
Governments
Competition
Selling products in this country that came from another country is _____.
Responses:
exporting
offshoring
importing
outsourcing
When markets are very similar in different regions, it makes sense to _____.
Responses
keep that industry domestic
import
add tariffs
globalize that industry