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Today it is the degree to which, because of confluence of economic, political, and technological factors, nation states losing control of their own economies (Bill Bradley). The US economy is already deeply apart of a global economy and so is the environment; it’s not a question of are we living in a globalized economy, we are there. Although this topic has been talked about since early as 1913, some think the issue is about to get out of control.
The U.S. import and export a lot and depends a lot on foreign investment in this country and throughout the world. Globalization at its best increases efficiency and decreases the price of goods because it allows each country to do what it does best...
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