Social Sciences, asked by sumakrutika449, 6 months ago

globalisation has benefited the consumers elucidat​

Answers

Answered by kaushik322420
5

Explanation:

Globalisation enables goods to be produced in different parts of the world. This greater specialisation enables lower average costs and lower prices for consumers. Domestic monopolies used to be protected by a lack of competition. However, globalisation means that firms face greater competition from foreign firms.

Answered by suprithaacharya421
0

Answer:

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