How Does Increased Competition From International Trade Hurt Local…

How does increased competition from international trade hurt local industries.

Answer:

International trade allows countries to expand their markets and access goods and services that otherwise may not have been available domestically. As a result of international trade, the market is more competitive. This ultimately results in more competitive pricing and brings a cheaper product home to the consumer.

Explanation:

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How Does Increased Competition From International Trade Hurt Local…

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