Economy, asked by itrinidad323, 7 months ago

What do you think will the our situation today without a market system in terms of trade? Why?

Answers

Answered by kaurjashan485

0

Explanation:

Trade increases competition and lowers world prices, which provides benefits to consumers by raising the purchasing power of their own income, and leads a rise in consumer surplus. Trade also breaks down domestic monopolies, which face competition from more efficient foreign firms.

Answered by palakkatara759

0

Explanation:

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