Title: Explain the types of competition in global market situations.
Course: Opportunities in Global Trade, Advanced (12056-II) > Section: Examining Product Planning in the International Marketing Plan

Explanation includes characteristics of pure competition, monopolistic competition, oligopoly, and monopoly.

Process/Skill Questions:

- Why is it important to understand the types of competition that can be faced when trading internationally?
- What affects the amount of competition in a given market?
- What methods have been used to break monopolies?