Which of the following is a possible drawback of the growth of international trade in the U.S?

Question

Which of the following is a possible drawback of the growth of international trade in the U.S?​

Quizplus · Accepted Answer

The growth of international trade can make the local or national market share less relevant because companies can now import goods from other countries, meaning that they don't have to rely solely on their domestic market. This can lead to a loss of market share for local or national businesses if they're unable to compete with foreign companies in terms of price, quality, or speed of delivery. The other choices are all benefits of international trade, such as an increase in the number of goods available to consumers, a decrease in the prices of products, an increase in the demand for domestic goods, and an increase in the prices of domestic goods.

Which of the Following Is a Possible Drawback of the Growth