Reduction in tariffs, quotas, and other barriers to free trade; improvements in global transportation system; and increasing sophistication in international trade markets, are several factors that have led to an increase in worldwide competition in many industries.

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Shannon Copeland · Accepted Answer

Final Answer : True, Explanation :  The statement is true and relates to the topic of international trade and competition, but it is not directly related to the Finney Company and its remodeling project.

Reduction in tariffs, quotas, and other barriers to free trade; improvements in global transportation system; and increasing sophistication in international trade markets, are several factors that have led to an increase in worldwide competition in many industries.

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