Which of the following statements accurately describe the effects of rising inflation on international trade? Select all that apply.

Rising inflation generally means that prices for goods and services increase, which can affect international trade in several ways. When a country experiences high inflation, its products become more expensive for foreign buyers, making it harder to sell those goods abroad. For example, if the price of a country’s electronics rises due to inflation, buyers in other countries might choose to purchase cheaper electronics from a different country instead. Additionally, if inflation is higher in one country than in its trading partners, it can lead to a decrease in exports and an increase in imports, potentially worsening the trade balance. Overall, rising inflation can make a country less competitive in the global market.