Question

Describe any five advantages to consumers due to globalisation and greater completition among PRODUCERS

Answer 1

Globalisation and greater competition among producers, both local and foreign producers have been of advantage to consumers. There is a greater choise before consumers. Then enjoy improved quality and lower prices for several products. They enjoy much higher standards of living that was possible earlier.

Answer 2

Globalisation and greater competition among producers, both local and foreign producers have been of advantage to consumers. There is a greater choise before consumers. Then enjoy improved quality and lower prices for several products. They enjoy much higher standards of living that was possible earlier.

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