Question

Which of the following is caused by globalization?

American companies are able to compete easily with companies overseas.
The U.S.A. sells more goods to other counties than other countries' goods are sold in the U.S.A.
There are more jobs available in the U.S.A.
D Most of the goods that are sold in the U.S.A. are produced in other countries.

Answer 1

Globalization has facilitated competition for American companies, increased U.S. exports, and led to the importation of goods into the U.S.A.

Step-by-step explanation:

The correct answer is:

• American companies are able to compete easily with companies overseas. Globalization has enabled companies to access global markets, allowing American companies to compete with companies from other countries.
• The U.S.A. sells more goods to other countries than other countries' goods are sold in the U.S.A. Globalization has expanded opportunities for trade, leading to increased exports from the U.S.A.
• Most of the goods that are sold in the U.S.A. are produced in other countries. Globalization has led to the outsourcing of production to countries with lower labor costs, resulting in a higher number of goods being imported into the U.S.A.

Learn more about Effects of globalization on the U.S.A.