Question

Excessive dependence on cheap foreign imports can cause a(n) __________ in certain sectors of the economy.

Answer 1

Excessive dependence on cheap foreign imports can cause a decrease in specific sectors of the economy.

Step-by-step explanation:

Excessive dependence on cheap foreign imports can cause a decrease in specific sectors of the economy. This can happen because when countries import goods at a lower cost from overseas, it may lead to a decrease in demand for domestically-produced goods in those sectors. For example, if a country heavily relies on cheap foreign imports for its textile industry, it may lead to the closure of domestic textile factories and job loss in that sector.