Statement I: Americans buy what are Asian trading partners make,but they don't buy that much of what we make.
Statement II: Globalization has been good for the American consumer.

A) Statement I is true but statement II is false.
B) Statement II is true but statement I is false.
C) Both statements are true.
D) Both statements are false.

Question

Emily Elizabeth · Accepted Answer

Final Answer : C, Explanation :  Both statements reflect common perspectives on the effects of globalization. Statement I highlights the trade imbalance often discussed in the context of U.S.-Asia economic relations, where it's observed that the U.S. imports more from its Asian trading partners than it exports to them. Statement II reflects the view that globalization, through increased competition and efficiency, has led to lower prices and more choices for American consumers.

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