Question

In international trade the monopoly tendency appears in which form ?
a. industry
b. only dumping
c. only cartel​

Answer 1

Answer:

Cartel

Explanation:

In International trade, the monopoly appears in Cartel form.

Cartel refers to a group of organisation or countries working together to maintain the supply of products in the international market. In Cartel, prices are determined by their mutual agency, and all sell them at a particular price. In a cartel, products should be sold through the Hub center.

Cartel gives benefit to all group members.

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Answer 2

Answer: C. only cartel

Explanation: In an oligopolistic industry, a cartel is a formal agreement among firms. Cartel members may agree on prices, total industry output, market shares, client allocation, territory allocation, bid-rigging, the development of common sales agency, and profit division, among other things.

The monopoly occurs in the form of the a cartel in international commerce. A cartel is known to be a group of organisation or we can say governments that is willing to work together to ensure that products are available on the platform of  international market. Prices inside the Cartel are set through their mutual agreement, and everyone sells at the same price.

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