Politics And GovernmentPolitical ScienceAmerica and the Global Economy
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America and the Global Economy

Ophilia Ramirez avatar Ophilia Ramirez
21 January 2023
5 (63 reviews)
10 test answers

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question
How do American consumers most benefit from globalization?
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Reducing costs for labor and resources lowers the prices of goods.
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The main reason the US automotive industry survived the financial crisis of 2008 was that it
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received government loans.
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Which statement best explains financial crises in the global economy?
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A financial crisis in one country can quickly spread to other countries.
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A company with technical support staff in another country mostly benefits from changes to
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communications.
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Which statement best describes the relationship between United States and other countries in the global economy during the financial crisis of 2008?
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A crisis in the United States spread to other countries because of a global financial industry.
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Which two auto companies received help from the US government during the crisis of 2008?
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GM and Chrysler
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To receive a loan from the IMF, a country must
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agree to make economic reforms.
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What would most Americans see as a disadvantage of globalization?
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Jobs move to cheaper labor markets.
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International economic organizations try to help the global economy by
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managing competition between nations.
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Which factor most improved the exchange of information among countries?
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faster communication