asked 32.1k views
1 vote
Which of the following is true regarding the relationship of international trade and competition? Select one: a. When tariffs increase, domestic producers usually have fewer international competitors. b. All of these are correct. c. When countries trade with one another, there is often increased competition among firms offering the same good or service. d. International competition, like competition in general, can have effects on the price levels of goods.

asked
User Fabel
by
8.3k points

1 Answer

7 votes
The best answer for this question will be
B. all of these are correct

hope this helps :D


answered
User Sromit
by
8.2k points
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