asked 88.8k views
1 vote
What were the major

consequences for the United States
of the economic rise of China and
the European Union?

asked
User Tomanow
by
8.1k points

1 Answer

0 votes

Answer:

Chinese manufacturing lowered prices in the United States for consumer goods, dampening inflation and putting more money in American wallets

Step-by-step explanation:

US consumer prices are 1 percent - 1.5 percent lower because of cheaper Chinese imports

answered
User Interpolack
by
8.3k points

No related questions found

Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.