Economic growth has reduced resistance that might otherwise have developed in response to the entry of foreign firms into domestic economies.

Question

Quizplus · Accepted Answer

Economic growth can make domestic firms more competitive and able to withstand competition from foreign firms. It can also lead to increased consumer demand and greater opportunities for domestic and foreign firms to coexist in the same market. As a result, economic growth can reduce resistance that might otherwise have developed in response to the entry of foreign firms into domestic economies.

Economic Growth Has Reduced Resistance That Might Otherwise Have Developed