Question
Good evening, I am needing assistance in answering the below. Globalization and international trade provide many benefits to the U.S. economy, the U.S. population, and
Good evening,
I am needing assistance in answering the below.
Globalization and international trade provide many benefits to the U.S. economy, the U.S. population, and you as an individual. Using the economic theories discussed in this module, explain one advantage of globalization to the U.S. economy, one advantage to the U.S. population, and one advantage to you. Include at least one graph to illustrate each of the advantages you discuss. Be sure to include source information for your graphs.
This is what I have so far
Globalization has allowed the expansion of cultural, political, and economic connections between people around the world. The US economy is able to grow because of the optimum utilization of resources wherein deficit resources are procured and surplus resources are exported to other countries.(Biswas, et al., 2020)It also provides domestic companies an opportunity to go global, which makes the country's overall GDP increase.
I am stuck and need help.
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