Question

Select the correct answer from each drop-down menu. economic globalization forces local companies to compete with businesses. to compete, businesses strive to offer the best quality at the lowest price. as a result, products get , and more people are able to afford them.

Answer 1

Economic globalization forces local companies to compete with FOREIGN businesses.  As a result, products get CHEAPER and more people are able to afford them.

What is Economic globalization?

Economic globalization is known to be a term that connote an increasing mutual dependence of world economies due to the growing width of cross-border trade in terms of commodities and services, and others.

Note that the correct answer from each drop-down menu is that Economic globalization forces local companies to compete with FOREIGN businesses.  As a result, products get CHEAPER and more people are able to afford them.

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