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Paragraph One- Introduce your primary source Chapter (Economics of Public Issues, Miller et.al, 2014) claims....introduce t
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208 CHAPTER THIRTY And what is true for us is also true for our trading partner, meaning that both partners end up better off
Globalization and the wealth of America 211 210 CHAPTER THIRTY in imports caused by protectionism also causes a decline in ex
212 CHAPTER THIRTY 1 Ai 3. Fa nu yo Ar 4. Ur on so agents. For example, restrictions on imports of Japanese automobiles try-G
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Globalization and the wealth of America is considered to be as one of the most prominent topic. Globalization leads to high degree of increased integration associated within the world market by freely trading goods, capital, technology, services, human resource, etc. in an integrated manner. Globalization is a problem because it has made the poor poorer and the rich richer within the U.S. However, globalization has resulted in low degree of manufacturing jobs. It also lead to cheaper for the European countries to purchase American goods and services and more expensive for the U.S. to purchase European products.

Globalization and the wealth of America is a major problem because there seems to be high degree of income inequality in United States. Globalization has resulted in increase in the income inequality within U.S. because of increased number of imports of manufacturing products, change in technology, etc. The key people who will benefit from knowing these problems are economists, government, businesses and employees.

It has been concluded that, globalization and wealth inequality are considered to be the key economic issues of the United States currently. Rise of globalization in the recent decade has resulted in widened disparity in wealth inequality across America.

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