Question 6 Globalization has increased tariffs on foreign goods has increased wages all over the world benefits every individual has lead to increased foreign outsourcing Question 3 The Great Recession of 2007-2009 that started in the United States spread to emerging economies is an example of economic interdependence all of the answers listed are correct spread to other developed countries in Western Europe Globalization and international competition of trade in goods can result in increase in interest rates reduced innovation reduced efficiency in production lower prices of traded goods
