Economic Effects of Globalization on the US

Easy Period 9: 1980–present Globalization

Since the 1980s, globalization has significantly shaped economic, social, and cultural interactions across the globe. This period has seen a rise in international trade, multinational corporations, and advancements in technology that have facilitated global communication and transportation. Understanding the impact of globalization is essential in examining how the United States interacts with other nations in this era.

Which of the following best describes a key economic effect of globalization on the United States since the 1980s?

A decrease in American manufacturing jobs due to outsourcing.

An increase in protectionist tariffs on imported goods.

A significant reduction in foreign direct investment.

An increase in the birth rate and population.

Hint

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