20. The creation of a single market increases price competition for business. In other words, it...
20. The creation of a single market increases price competition for business. In other words, it creates a(n)
a. opportunity
b. threat
c. strength
d. weakness
12. An economist would say that the benefits of regional integration are determined by
a. the location of manufacturing facilities.
b. the formation of a political union.
c. the level of consumer involvement.
d. the amount of trade creation.
Homework Answers
Ans 20) Correct option is (b) threats,
The creation of a single market increases price competition for business. In other words, it creates a threats.
Ans 21) Correct option is (c) the level of consumer involvement,
An economist would say that the benefits of regional integration are determined by the level of consumer involvement.
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