America and the Global Economy Answers

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Which of the following is a benefit for Americans as globalization increases?

lower prices for manufactured goods

higher wages for workers everywhere

more jobs created in the United States

What were the effects of the drop in housing prices in the late 2000s?Check all of the boxes that apply.

Many people could not pay their mortgages.

Banks made larger profits from selling millions of houses.

Loan losses hurt banks all over the world.

The entire economy was harmed.

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