Asked by
nallely tovar
on Oct 14, 2024Verified
Statement I: Over the last two or three decades,our economy has become increasingly integrated with the global economy.
Statement II: While the global economy has caused the loss of millions of manufacturing jobs,so far white-collar jobs have not moved offshore.
A) Statement I is true and statement II is false.
B) Statement II is true and statement I is false.
C) Both statements are true.
D) Both statements are false.
Global Economy
The interconnected worldwide economic activities that involve the exchange of goods, services, technology, and capital across borders.
Manufacturing Jobs
Employment in industries that produce goods using labor and machines, typically involving the transformation of raw materials into finished products.
- Recognize the influence of globalization on the U.S. economy.
Verified Answer
PP
Learning Objectives
- Recognize the influence of globalization on the U.S. economy.
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