One of the negative side effects of a prosperous global economics is the rise of many fierce competitors, some of whom engage in _________.
A)economic espionage
B)dumping
C)global trade agreements
D)economic trade

Question

Quizplus · Accepted Answer

Economic espionage refers to the act of stealing confidential information or trade secrets from a competitor's business for commercial or financial gain. As global economics become more prosperous, competition increases, leading some companies to engage in unethical practices such as economic espionage to gain an edge over their rivals. Dumping (selling goods at a loss to drive competitors out of the market) could also be considered a negative side effect but is not mentioned in the context of competitors engaging in this behavior. Global trade agreements and economic trade are not negative side effects of prosperous global economics.

One of the Negative Side Effects of a Prosperous Global