Edzy
Single Answer MCQ
Q-00045590

What impact has competition had on Indian exporters?

1

Guaranteed higher returns

2

Increased pressure to lower prices

3

Reduced demand for exports

4

Stability in job creation

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Sandeep Chaturvedi

Sandeep Chaturvedi

CBSE Social Science & Humanities Reviewer

Social science and humanities educator with 14+ years of experience reviewing CBSE SST, economics, commerce, arts, and vocational content.

M.A. HistoryM.A. Political ScienceB.Ed.

Answer and Solution

Answer

B. Increased pressure to lower prices

Solution:

Competition typically forces Indian exporters to lower their prices to remain competitive in the global market, impacting their profit margins.

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