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Semmy [17]
4 years ago
7

Why does globalization lead to a reduction in prices for goods and services?

Social Studies
2 answers:
sesenic [268]4 years ago
8 0
I believe the answer is: Increased mobility allows producers to move jobs to<span> lower-cost labor markets

In lower-cost labor markets, the producers could get more output of productions with lower overall salary.
This would lower the cost they need to make a single product, which make them able to sell them on a lower price and still obtain a profit



</span>
Burka [1]4 years ago
5 0

Competition for jobs drives down wages, which helps companies lower their prices

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