Economy, asked by Shambhavpandey6526, 1 year ago

The regional economic groupings do not lead to increase in market size comment

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Answered by myrakincsem
0

The regional economic groupings result in increased market size. The implication of this statement can be infused by the fact that an economic group consists of a number of countries paired together. So when a third party shifts from supplying to one country individually to a group of countries i.e. regional economic groups, the market size visibly expands. This results in increased sales and scale of market size as compared to one single country.

Answered by maheshwarinatraj4121
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