Explain how does global economic competition impact price

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Reference no: EM1371033

Q. Describe factors that influence a firm's competitive strategies.

1) Explain how does global economic competition impact price elasticity in domestic market and decisions related to strategy a firm uses to compete?

2) Why do most economists oppose trade restrictions?

3) Who have been winners and losers as a result of NAFTA?

Reference no: EM1371033

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