America and the Global Economy

Question 1

Where do global companies now look for the natural resources they need?

Revolt · Accepted Answer

A: all around the world

Question 2

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

Revolt · Accepted Answer

A: lower prices for manufactured goods

Question 3

What is the purpose of the IMF?

Revolt · Accepted Answer

A: to provide loans to struggling nations in exchange for economic reforms

Question 4

What are the purposes of the World Bank?Check all of the boxes that apply.

Revolt · Accepted Answer

A: loans for economic recovery; B: programs to help reduce poverty

Question 5

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

Revolt · Accepted Answer

A: Many people could not pay their mortgages.; C: Loan losses hurt banks all over the world.; D: The entire economy was harmed.

Question 6

The problems facing the US auto industry illustrate which of the following ideas?Check all of the boxes that apply.

Revolt · Accepted Answer

A: Governments sometimes intervene to help protect a struggling industry.; C: Global events can harm an industry in a particular country.

Question 7

Imagine you own a company and are interested in having some work performed by a contractor in India. Which of the following tasks could likely be performed overseas?Check all of the boxes that apply.

Revolt · Accepted Answer

A: interpretation of medical images; B: technical support; C: manufacture of small electronics

America and the Global Economy Answers

More from this Course

TRY EDGENUITY HACKS