America and the Global Economy

Question 1

Which statement best describes the relationship between United States and other countries in the global economy during the financial crisis of 2008?

Revolt · Accepted Answer

A crisis in the United States spread to other countries because of a global financial industry.

Question 2

What would most Americans see as a disadvantage of globalization?

Revolt · Accepted Answer

Jobs move to cheaper labor markets.

Question 3

A company with technical support staff in another country mostly benefits from changes to

Revolt · Accepted Answer

communications.

Question 4

International economic organizations try to help the global economy by

Revolt · Accepted Answer

managing competition between nations.

Question 5

The main idea of globalization is that

Revolt · Accepted Answer

the economies of the nations of the world are closely linked.

Question 6

To receive a loan from the IMF, a country must

Revolt · Accepted Answer

agree to make economic reforms.

America and the Global Economy Answers