Globalisation and ____ among producers in both local and foreign markets have been an advantage to consumers.

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Globalisation is the rapid integration or interconnection process between different countries due to foreign investments, communications, technological developments, and foreign trade. It gives better opportunities to local sellers and domestic markets. It provides an advantage to the consumers with a great extent of choice between various products. It facilitates competition within a market and better quality of products. It facilitates the movement of goods and services along with ideas. Consumers can choose the product from different varieties and compare prices. The poor people have also benefited due to the availability of cheaper products.

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