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What is one of the downsides of increasing economic interdependence?

  • Question 6b of 10 - Specialization

  • Maximum Attempts: 1
  • Question Type: Multiple Choice
  • Maximum Score: 2
  • Question: What is one of the downsides of increasing economic interdependence?
  • Answers:
  1. Higher prices for goods and services
  2. Reduced tax revenues for all governments
  3. Loss of control over the national economy
  4. A lower standard of living around the world

The correct answer is: Loss of control over the national economy. Countries become subject to global market forces when their economies are interdependent.

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