Trade between countries: (a) determines prices of products in different countries (b) decreases competition between countries (c) makes a country dependent on the other (d) none of these
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It's option a
a)determines prices of products in different countries
a)determines prices of products in different countries
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Answer:
Trade between countries determines prices of products in different countries .
Explanation:
Trade between countries worldwide is known as globalisation. Globalization gives us the opportunity to look for cost efficient way to produce our products. Since, it allows us to participate in a large scale competitive market, the competition is high as we have a larger variety of choices that eventually results in low price rates.
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