Globalisation results in greater competition among producers.

Explanation:
Globalisation refers to the increasing interconnectedness and interdependence of countries through the exchange of goods, services, information, and ideas. It has several impacts on competition among producers:

1. Market Expansion:
- Globalisation opens up new markets and increases access to consumers worldwide.
- Producers now have the opportunity to sell their products to a larger customer base, leading to increased competition among producers to capture market share.

2. Entry of Foreign Competitors:
- Globalisation allows for the entry of foreign producers into domestic markets.
- This creates a more competitive environment as domestic producers have to compete with foreign companies that may have lower production costs, better technology, or superior products.

3. Technological Advancements:
- Globalisation facilitates the transfer of technology and knowledge across borders.
- Producers can adopt new technologies and production methods from around the world, leading to increased efficiency and competitiveness.
- This technological diffusion fosters greater competition among producers as they strive to innovate and improve their products and processes.

4. Price Competition:
- Globalisation often leads to price competition among producers.
- With increased access to global markets, producers face pressure to lower their prices to remain competitive.
- This benefits consumers but intensifies competition among producers to offer the best quality products at the most competitive prices.

5. Supply Chain Integration:
- Globalisation has also led to the integration of supply chains across countries.
- Producers now rely on global suppliers and partners, which introduces additional competition in terms of sourcing quality inputs and managing costs.

In conclusion, globalisation results in greater competition among producers due to market expansion, the entry of foreign competitors, technological advancements, price competition, and supply chain integration. Producers must adapt and improve to stay competitive in a globalised economy.