Question

The fictional country of Kovasia decides to open its market to foreign businesses. What positive and negative effects will Kovasia likely experience?

Answer 1

Positive:

• Goods and services may become less expensive.
• The volume of exports will increase.

Negative:

• People may lose jobs to outsourcing.
• Domestic products may become less popular.

Answer 2

I just answered this question, the negatives would be :
Domestic products may become less popular
People may lose jobs to outsourcing
The positives are :
The volume of exports will increase
Goods and services may become less expensive.
{Hope this helps :) brainliest would be appreciated}