Because of intense price competition at the global level, you may have to import to remain competitive.

Name: Because of intense price competition at the global level, you may have to import to remain competitive.
Brand: Quizplus
Rating: 4.9 (45 reviews)

Question

Quizplus · Accepted Answer

In order to remain competitive in the global market, businesses may have to import products or materials at a lower cost than they can produce domestically. This is especially true in industries with high levels of price competition.

Because of Intense Price Competition at the Global Level, You