An increase in global trade will:
A)increase prices.
B) decrease jobs.
C) increase political instability.
D)increase global competition.

Question

Quizplus · Accepted Answer

An increase in global trade will increase global competition as more countries participate in the market. This competition can lead to lower prices for consumers, but it can also negatively impact businesses and industries that may struggle to compete with cheaper imports. However, an increase in global trade does not necessarily result in an increase in prices, decrease in jobs, or increase in political instability.

An Increase in Global Trade Will