Economic influence of the US Flashcards
(4 cards)
1
Q
What are the 3 reasons the us has economic influence?
A
Worlds reserve currency, Job reliance, boost to tourism.
2
Q
How does worlds reserve currency mean Economic influence?
A
Because the US dollar is a very well known and strong currency which would affect trade deals around the world.
3
Q
How does job reliance mean economic influence?
A
This means multi billion dollar companies set up offices and factories in other countries, giving people somewhere to work, thus stimulating the economy in those countries.
4
Q
How is boost to tourism a reason to economic influence?
A
Because tourists from the US spend their money on other countries local products and services.
