America and the Global Economy

Question 1

What triggered the financial crisis of 2008 in the United States?

Revolt · Accepted Answer

American housing prices dropped.

Question 2

Which two auto companies received help from the US government during the crisis of 2008?

Revolt · Accepted Answer

GM and Chrysler

Question 3

A multinational corporation is a company that

Revolt · Accepted Answer

operates branches in more than one country.

Question 4

Poverty reduction is the main goal of the

Revolt · Accepted Answer

World Bank.

Question 5

The main reason the US automotive industry survived the financial crisis of 2008 was that it

Revolt · Accepted Answer

received government loans.

Question 6

The main idea of globalization is that

Revolt · Accepted Answer

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

Question 7

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

Revolt · Accepted Answer

communications.

Question 8

International economic organizations try to help the global economy by

Revolt · Accepted Answer

managing competition between nations.

Question 9

What happened after bank lending slowed in the United States in the mid-2000s?

Revolt · Accepted Answer

US and global stock markets collapsed.

Question 10

What would most Americans see as a disadvantage of globalization?

Revolt · Accepted Answer

Jobs move to cheaper labor markets.

America and the Global Economy Answers