Increased international trade and deregulation have resulted in
A)increased competition in the U.S.economy
B)greater monopolization of industries in the U.S.economy
C)more oligopolies and cartels in the U.S.economy
D)greater government intervention in the U.S.economy
E)no changes in the U.S.economy

Question

Quizplus · Accepted Answer

Increased international trade and deregulation have allowed more foreign businesses to enter the U.S. market, leading to increased competition for domestic companies. This has resulted in greater efficiency and lower prices for consumers, but has also put pressure on some industries to adapt or face decline.

Increased International Trade and Deregulation Have Resulted in