Answers OK-Personal Financial Literacy S1 – EDGNTY-83861 26-27 International TradeQuestion 6

6

QuizMultiple Choice

International Trade

Question 6 • OK-Personal Financial Literacy S1 – EDGNTY-83861 26-27

What role does competition play in international trade?

Answer

A

It results in higher prices.

B

It discourages imports.

C

It drives down prices for consumers.

D

It does away with the need for investment.

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