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goji.go goji.go
wrote...
Posts: 5977
11 years ago
A U.S. consumer electronics company has to shut down because it cannot compete against foreign manufacturers. For the U.S., this is an example of a(n) ________ of international trade.
A) benefit
B) cost
C) theory
D) cause
E) incentive
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2 Replies
Diesel
Replies
bbb
wrote...
11 years ago
B) The costs of international trade are borne by those businesses and their workers whose livelihoods are threatened by foreign competition. Some domestic businesses may lose market share to foreign companies, stunting their profitability and ability to create jobs. Other firms may be so clobbered by foreign competitors that they're driven out of business entirely.
Answer accepted by topic starter
goji.go Authorgoji.go
wrote...
Top Poster
Posts: 5977
11 years ago
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Diesel

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