Question

what role does competition play in international trade? it results in higher prices. it discourages imports. it drives down prices for consumers. it does away with the need for investment.

Explanation:

In international trade, competition among producers and suppliers leads to more choices for consumers. To gain market - share, firms lower prices. Higher prices are not a result of competition. Competition doesn't discourage imports as it can involve both domestic and foreign producers. And competition doesn't eliminate the need for investment; in fact, firms may need to invest more to be competitive.

Answer:

It drives down prices for consumers.