Question

What role does competition play in international trade? It results in higher prices. It discourages imports. It drives down prices for consumers. It does away with the need for investment

Answer 1

Answer:

It drives down prices for consumers.

Explanation:

Answer 2

The role competition plays in international trade is it down prices for consumers.

What role does competition play in international trade?

International trade is when countries exchange goods and services for each other. When a country imports goods from another country, it engages in international trade.

When a country engages in international trade, there is an increase in the number of suppliers of that good. As a result, competition among the various suppliers occur. One of the methods used by competitors is to reduce the price of their goods.

To learn more about international trade, please check: https://brainly.com/question/20492108