Question

Foreign trade leads to integration of markets across countries in a number of ways. Which of the following is not a proper way for integration of markets across the countries?
1 point
a) It creates an opportunity for the producers to reach beyond the domestic markets i.e. markets of their own countries.
b) For buyers import of goods produced in other countries is one way of expanding the choice.
c) With opening of trade goods travel from one market to another, prices of similar goods in the two markets tend to become equal.
d) Through foreign trade, producers in the two countries can not closely compete against each other.

Answer 1

Answer:

a) is the right answer...