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.

Global competition is a type of international competition in which an enterprise's competitive position in one country influences its position in other countries.

As a result, firms are striving for global leadership themselves. The economy is globalizing as a result of such a fight.

For more information about Global competition refer to the link:

https://brainly.com/question/14746948

#SPJ5

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.

Respuesta :

What is the definition of global competition?

Otras preguntas

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.