88.8k views
1 vote
What were the major

consequences for the United States
of the economic rise of China and
the European Union?

User Tomanow
by
8.1k points

1 Answer

0 votes

Answer:

Chinese manufacturing lowered prices in the United States for consumer goods, dampening inflation and putting more money in American wallets

Step-by-step explanation:

US consumer prices are 1 percent - 1.5 percent lower because of cheaper Chinese imports

User Interpolack
by
8.3k points

No related questions found

Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.