Question

The use of technology in the global economy can cause which of the following to happen?

The trade deficit to increase
The cost of production to decrease
The cost of production to increase
The price of goods to increase

Answer 1

Answer:

The answer is C. The cost of production to increase

Explanation:

Technology has deeply affected the global economy and its usage has been linked to marketplace transformation, improved living standards and more robust international trade. Hopefully this helps!