Which of the following is a benefit of global trade to producers?
A) simplified operations
B) ability to avoid ethical issues
C) inflow of innovative ideas
D) protection from competitive pressures

Question

Quizplus · Accepted Answer

Global trade provides producers with the opportunity to access new innovations and ideas from different parts of the world. This can help businesses to improve their products and processes, and ultimately grow their market share. Simplified operations and protection from competitive pressures are not necessarily benefits of global trade, while ethical issues cannot be avoided entirely but rather managed through responsible business practices.

Which of the Following Is a Benefit of Global Trade