A U.S.consumer electronics company has to shut down because it cannot compete against foreign manufacturers.For the U.S.,this is an example of a(n)________ of international trade.

Question

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The shutdown of a U.S. company due to foreign competition is a cost of international trade. This is because the company is unable to compete with foreign manufacturers, leading to a loss of jobs and economic output in the domestic economy.

A USConsumer Electronics Company Has to Shut Down Because It Cannot