According to many influential economists, the increase in internationa

QUESTION

According to many influential economists, the increase in international trade and cross-border investment will result in an increase in the prices of goods and services.

Indicate whether the statement is true or false.

ANSWER

FALSE
Many influential economists, politicians, and business leaders seem to think that the shift toward a more integrated and interdependent global economy is a good thing. They say increased international trade and cross-border investment will result in lower prices for goods and services.