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In the context of global influences, which of the following statements are true of American consumers and American businesses? \( \square \) American consumers provide foreign companies with a market. \( \square \) The global economy is solely driven by American consumption. American businesses compete against foreign companies for the spending dollars of American consumers. American businesses have no competitors in the global economy.

Ask by Norton Mcdonald. in the United States
Jan 22,2025

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American consumers provide foreign companies with a market, and American businesses compete against foreign companies for the spending dollars of American consumers.

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American consumers provide foreign companies with a market. This statement is true as American consumers play a vital role in the global market, purchasing goods and services from international brands, which in turn stimulates global trade and economic growth. American businesses compete against foreign companies for the spending dollars of American consumers. This is also true, as competition drives innovation and quality. Companies from around the world seek to attract American consumers, influencing everything from pricing strategies to marketing approaches.

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