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Coca-Cola has operations in all but three nations in the world and Pepsi-Cola is now available in more than 160 countries and territories, making the soft drink industry an example of
A. free trade.
B. global branding.
C. transactional exchange.
D. global competition.
E. acculturation.

Answer :

jepessoa

Answer:

The answer is: D) global competition

Explanation:

This is the perfect example of global competition, where huge multinational corporations compete with each other for local markets.

For example, Coca Cola and Pepsi both sponsor different sports competitions, sometimes they even sponsor competing teams in the same championships.

They are present virtually everywhere and probably every single child in the world can recognize a Coke bottle.

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