Discuss the Pros and Cons of Market Integration.l will give you 50 points
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Answer:
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Explanation:
The advantages include increasing market share, reducing competition, and creating economies of scale. Disadvantages include regulatory scrutiny, less flexibility, and the potential to destroy value rather than create it.
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The Pros and Cons are:
Pros:
- Boost the country's economy.
- Exposure to local handicrafts.
- Increases cultural and technological interchange.
- Raise people's standard of living by giving them a variety of items to choose from.
- Enhances the competition.
- Increase the number of job openings.
- Countries in a healthy relationship.
Cons:
- It disrupts the lives of tribes.
- Causes price fluctuations.
- Causes the of small producers.
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