America and the Global Economy Answers

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The main idea of globalization is that

the economy of the United States dominates the rest of the world.

the economies of other countries dominate the United States.

the economies of the nations of the world are independent.

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

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Which statement best summarizes the financial crisis of 2008?

Problems in the US economy caused the global economy to slow down, which made it harder for the United States to recover.

Problems in the global economy caused the US economy to slow down, which made it harder for the world to recover.

Problems in the US economy caused the global economy to slow down, but improvements in other countries helped the United States.

Problems in the global economy caused the US economy to slow down, but improvements in the US helped other countries.

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

regulations.

communications.

tariffs.

transportation.

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