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Question
Globalisation, by connecting countries, shall result in ______
Options
lesser competition among producers.
greater competition among producers.
no change in competition among producers.
MCQ
Fill in the Blanks
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Solution
Globalisation, by connecting countries, shall result in greater competition among producers.
Explanation:
Globalisation allows foreign companies and brands to easily enter domestic marketplaces. This forces domestic enterprises to compete directly with international producers, requiring them to improve quality and cut prices in order to survive.
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