Question

A firm that operates outside of a trading bloc will likely face the improved position of competitors within the trading bloc. True False

Answer 1

True

Step-by-step explanation:

In the case when the firm operated outside for a trading bloc due to which it improved the position of the competitors so this should be true as the trading bloc should be the economic integration and it can shape the pattern of thw world trade that protect from non-members imports

So, the given statement is true