Which of the following led to an increase in competition in the United States between 1958 and 1988?

Question

Which of the following led to an increase in competition in the United States between 1958 and 1988?​

Quizplus · Accepted Answer

An increase in imports between 1958 and 1988 led to an increase in competition in the United States. As more foreign goods were imported, domestic companies faced increased competition, forcing them to become more efficient and innovative to keep up. This led to a decrease in prices for consumers and an overall increase in economic efficiency.

Which of the Following Led to an Increase in Competition