Why has the U. S. trade deficit grown so rapidly since the end of World War II?

O

A. Free trade has made it cheaper to produce products abroad rather

than making them in the United States

O

B. Costly international environmental regulations have made

American manufacturers less productive.

O

C. Trade organizations like OPEC have refused to provide the United

States with valuable natural resources.

O

D. Globalization has forced the United States to lend huge amounts

of money to poorer countries.

Question

Alvin Green

Social Studies

24 October, 08:36

Why has the U. S. trade deficit grown so rapidly since the end of World War II?

O

A. Free trade has made it cheaper to produce products abroad rather

than making them in the United States

O

B. Costly international environmental regulations have made

American manufacturers less productive.

O

C. Trade organizations like OPEC have refused to provide the United

States with valuable natural resources.

O

D. Globalization has forced the United States to lend huge amounts

of money to poorer countries.

+1

Answers (1)

Know the Answer?

Bowen · Answer 1

The answer is A.

Explanation:

Free flows of capital to countries with lower costs of production is a major development in the globalization era. In many industries, the US labor is too expensive, taxes are higher and other productions costs, too. That's why many corporations have moved to China and many developing countries to take advantage of lower costs and other benefits.