An increase in global trade will bring about a(n):
A)increased political instability.
B)increase in global competition.
C)decrease in jobs.
D)increase in prices.

Question

Quizplus · Accepted Answer

An increase in global trade will lead to an increase in global competition as businesses from different countries compete to gain market share. This increased competition can lead to improved quality, lower prices, and innovation, but can also lead to economic pressures on certain industries and countries. However, there is no necessary correlation between global trade and political instability, job loss, or price increases.

An Increase in Global Trade Will Bring About A(n)