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Question

Globalisation by connecting countries, shall result in ______________.

A
lesser competition among producers
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B
greater competition among producers
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C
no change in competition among producers
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D
none of the above
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Solution

The correct option is B greater competition among producers
Producers in the two countries now closely compete against each other even though they are separated by thousands of miles! Foreign trade thus results in connecting the markets or integration of markets in different countries.


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