Question

What is one advantage and one disadvantage of the global economy for American workers?

Answer 1

The world economy or global economy is the economy of the world, considered as the global trade of merchandise and enterprises that is communicated in fiscal units of record (cash).

Global economy is very important to the US, the US economy is additionally influenced by its exchange and money related linkages with whatever remains of the world.Global economic improvements assume a critical part in driving action and money related markets in the US.

An advantage is that American laborers can be paid higher wages for the work they do which is additionally more particular. A disadvantage of that in the meantime is that they land less positions at last as its less expensive to utilize specialists abroad in China.

Answer 2

An advantage is that American workers can be paid higher wages for the work they do which is also more specialized. A disadvantage of that at the same time is that they get less jobs in the end as its cheaper to employ workers overseas in China.