pat decides to purchase a hyundai from south korea instead of the u. s.-produced ford because of the vehicle's lower price. this illustrates the

The impact of globalization over the market dynamics.

Explanation:

Athough either Ford and Hyundai have factories around the world, the production costs are lower in Asia than in the United States. Therefore, buyers can decide if want to purchase a vehicle produced in North-America for a determined price, or, if they want to buy a car with simmilar features produced in Asia and at a lower price.

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