Question

STATEMENT A: The United States constitutes one of the most important target markets in the world, consuming a high percentage of worldwide products and services, but it is losing its dominant position.

STATEMENT B: Only companies from large countries are able to achieve global market dominance, due to their large home market.

A) Both statements are true

B) Both statements are false

C) Statement A is true, statement B is false

D) Statement B is true, statement A is false

Answer 1

The statement A is true because as we all know that United States one of the important countries across the world from many years i.

It has very huge impact on trade, financial services ,investment and for further decision making.

but still over the time so many countries are also evolved and it cannot be said completely that the US is currently dominating for example China, Singapore etc are some of the emerging players who are more dominating .

So statement A is true.

Statement b is not true because it is not book written somewhere that only companies from large countries dominate the global market.

for example India having very much population and area and it is one of the important global market player but not the biggest so many developing and developed nation also there with small country size say for example Germany France UK which dominates the global market.Hence statement B is false

So the answer is option C