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is free trade helps the economy, but on the other side this trades policies negatively impacts the local investors. The economy generates the revenue from free trade, e.g. the companies like Dell, Siemens, and Wall-mart generates millions of revenue, forced short domestic firms which were also the huge sector of the economy, out of the business.

技术影响---Technological effect:

The development and transfer of technology has been a part of inter-dependence and economic relations amongst developing countries. Hill 2005 narrated the role of technological change in economy as the technological change made reality the globalisation of markets and production. After World War 2, their came major changes in communication, information processing and transportation technology, including the explosive emergence of the internet the World Wide Web.

The value of web based transactions hit $657 billion in 2000 with the united states accounting for 47 percent of all web based transactions (Hill,2005).

American companies have migrated most of their manufacturing jobs to foreign countries where it is cheaper to do business. Furthermore, service and technical jobs are currently undergoing a large exodus to foreign labour too. This is now called outsourcing. According to Phil, in greater numbers, Americans with college degrees are unable to find work, while the same degrees in other countries are in demand. For example Dell shifts its some of its operation towards India, which helps the company in terms of low pays of labour, but it also shrinks the American job market.

经济影响---Economical effects:

This is evident that American economy gets the most benefits from globalisation that has height GDP in the world. Due to globalised economy the business in America increases and help to build its economy, but on the other, the economist blames the globalisation to the biggest challenges which are facing by the American economy which are unemployment and out sourcing.

Economic driven factors are probably the most important forces behind globalisation. O? Brien et al 2000 describes the economic globalisation as a set of processes through which the major economic activities such as production and consumption activities shift from local or national scale to the global scale. The main indicators of economic globalisation include the major increase in international trade.

At once the globalisation also named as Americanization, due to its huge participation in world trade.

One of the American companies which get the benefits from free trade is Wal-mart. Wal-mart giving the lowest price products to its customers, and has the labour force more than American army. The secret of the selling low price products is free trade, Wal Mart has expanded rapidly and has reported a sale of $218 billion. Due to outsourcing it has been successful in reducing its operating costs, which is passed to consumer with everyday low prices. (Hill,2005). Another example is of Starbucks that has been able to hit the profit to sales of $2.4 billion and revenue of $159.5 million in 2007. (Ghauri & Cateora,2006).

Companies like these get the huge benefits and which definitely helps the American economy.

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