Which of the following are potential problems

caused by global competition?

Check all of the boxes that apply.

O Companies in high-wage countries may be

driven out of business.

o Workers in high-wage countries may lose

their jobs.

Prices for consumers could drop, making

products cheaper.

Question

Imani Flynn

2 June, 20:37

+5

Answers (1)

Know the Answer?

Abigail Sandoval · Answer 1

Companies in high-wage countries may be driven out of business.

Workers in high-wage countries may lose their jobs.

Which of the following are potential problemscaused by global competition?Check all of the boxes that apply.O Companies in high-wage countries may bedriven out of business.o Workers in high-wage countries may losetheir jobs.Prices for consumers could drop, makingproducts cheaper.