How do American consumers most benefit from globalization?
A. Reducing costs for labor and resources lowers the prices of goods.
B. Creating industries in less-developed countries increases competition.
C. Building factories in foreign countries shifts some jobs overseas.
D. Competing in a global marketplace forces smaller companies to close.
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A Deducing costs for labour and
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Answer:
The answer to this question is option “A”.
The Americans reaped the benefits of globalization by reducing costs for labour and resources that lowered the price of the goods.
Globalization has become a major source for going international and opening up of the doors to many companies for increasing the trade and commerce at a reduce cost and take advantage of the available resources and technologies.
The world has become one market today.
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