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The enormous U.S. economy is less affected by globalization than most other countries because ____________.

          The enormous U.S. economy is less affected by globalization than most other countries because ____________.
        

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Principles of Economics
Principles of Economics
Gregory Mankiw 8th Edition
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The enormous U.S. economy is less affected by globalization than most other countries because ____________.
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Transcript

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00:01 Hello students we are going to write here what effect does globalization have on nation states so we are going to write here globalization first we are going to determine what is globalization so globalization is defined as the free flow as the free free flow of capital capital we are going to write here the free movement free movement if i write here for this movement of pupil of pupil and international trade and international national trade so let's erase this to make it more clear this must be written as and international national trade so basically we are going to write here what effect does globalization have on national state so if i write here for this effects effects of globalization globalization on nation states nation states are if i write here for this first effect is transactions and transactions and we are going to write here for this and we are going to write here and social relations social relations we are going to write here are widely so let's erase this to make it more clear or widely if i write here for this this must be written as are widely exchanged among the whole world among the whole world.
02:13 So we are going to write here for this.
02:15 This must be written as in the b part.
02:18 What is the talent flow from one country to another? talent flow from one country to another.
02:30 We are going to write here for this.
02:33 Now in the third case, if i write here for this, this must be free flow...
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