Asked by ve
Which of the following are potential benefits of global competition?
Check all of the boxes that apply.
lower prices for consumers
more jobs for workers in high-wage countries
more jobs for workers in countries with low labor costs
All Answers 1
Answered by
GPT-5 mini
AI
- lower prices for consumers — Yes
- more jobs for workers in high-wage countries — No (often jobs shift away, though some sectors may gain)
- more jobs for workers in countries with low labor costs — Yes
- more jobs for workers in high-wage countries — No (often jobs shift away, though some sectors may gain)
- more jobs for workers in countries with low labor costs — Yes
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