Deondre, who owns an investment firm with customers worldwide, has witnessed how dangerous global economic interdependency can be. During a lunch meeting, he mentioned to a customer, "In my opinion, ________ have been two negative effects of global economic interdependency for the United States."
A) other countries stealing U.S. technology and the loss of well-paying jobs in the United States
B) a huge surplus of funds from global investments flowing into the United States and huge cost increases
C) reduced foreign direct investment (FDI) into the United States and lower-quality goods being produced domestically
D) more expensive goods being produced domestically and bigger markets for American imports
E) fewer organizations utilizing MBO and poorer-quality goods imported from abroad

Question

Quizplus · Accepted Answer

A negative effect of global economic interdependency is the movement, or outsourcing, of formerly well-paying U.S. jobs overseas as companies seek cheaper labor costs, particularly in manufacturing. There is also the danger that other countries may steal U.S. technology.

Deondre, Who Owns an Investment Firm with Customers Worldwide, Has