The correct answers are "competition" and "foreign."
Economic globalization has worked in favor of consumers. Because of intense competition, producers strive to offer the best quality at the lowest price. Therefore, consumers get more value for their money. They have the option of buying foreign products if they are unhappy with domestic products.
Globalization has represented an opportunity for consumers to buy better products and at a better price, meanwhile, for companies, this has represented a challenge because competition increased. Consumers have the decision on what kind of products they can buy and they are always looking for price, quality and customer service. In a glon¿balized market, the company that can offer the best as a whole, have more opportunities to stay on the market for a long time.
