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Vinil7
1 month ago
6

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

ia likely experience?
History
2 answers:
BigorU [1.5K]1 month ago
7 0

Positive Effects:

  • The prices for goods and services may decrease.
  • The export volume could go up.

Negative Effects:

  • Jobs may be lost due to outsourcing.
  • Domestic products might experience a decline in popularity.
mr_godi [1.5K]1 month ago
3 0
I just provided an answer to this question, the downsides would include:
Domestic products might lose appeal
Employment may decrease due to outsourcing
On the other hand, the advantages are:
Exports could rise
The prices of goods and services might drop.
{Hope this is helpful:) Appreciating a brainliest would be great}
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