Nowadays all the developed and creating countries try to acquire more room and open their very own markets on the world arena. It goes with out saying that the United States is the leading country on the world market and it produces loads of American items that are of nice advantage on the international market. Financial progress of the USA greatly depends on its exports as a result of exports make one-quarter of the economy. As state the authors of the article, “Nations can no longer sit inside their borders and pursue policies incompatible with an increasingly built-in world economy. The forms of services, manufacturing and entrepreneurship that generate nationwide wealth are more cell than ever, and they're going to forsake countries that shackle enterprise and labor with pointless burdens” (Fisher, Cox).

Approximately 12 million American jobs are related with export and rely on it and individuals who work on this sphere get wages 13 to 19 % increased than those that work in the nationwide sphere. The United States has great advantages from the NAFTA and the Uruguay Round as they encourage American businessman to make items of higher quality, which would be available at lower prices.

Among the items for which Globalization of the United States has a comparative benefit are footwear, medical gear, furnishings, machinery varieties and electronics. Among the many most exported goods are oil and totally different kinds of weapon. After the World Conflict II there was the arm race between the USA and USSR. The production of quite a few sorts of weapon grew to become the paramount activity of the nation; the American economy was subordinated to this foremost task. After the top of the cold battle the production of the weapon within the USA was on a excessive stage and it gave The United States got the possibility to change into the main exporter of weapon on the worldwide market.

The States is now on the put up-industrial stage of the development, it implies that informational applied sciences prevail there. Being one of many leading producers of excessive expertise and automatic gear the USA can be the main exporter of those goods. Among the many American technologies computer systems and specifically designed software are essentially the most exported goods. It's apparent that there are specific guidelines on know-how and weapon transfers to completely different international locations of the world as a result of without these strict rules overseas countries would be able to use them in their very own pursuits and apply weapons to the navy applications and so jeopardize the entire world.

One-third of the area of American farms is seeded with crops which also turn into one in every of hottest export products. Crops are exported in huge amount yearly, so grain of top of the range that is grown on the territory of the United States is one other exported good.

America, being the nation of great alternatives, does every part to present items of top quality on the international market. American economic growth depends upon the exports and so the nation is interested within the production of exclusive and excessive-high quality items and the process of Globalization gave America possibility to present thee items for other countries. “It's clear that nations with solid policies will likely be more profitable in the international economic system, if our knowledge show anything, it is that globalization prompts a race to the highest by pushing countries to desert policies that burden their economies in favour of people who gas growth and economic opportunity.” (Cox, Fisher) In addition they add that some latest policies, comparable to favorable corporate taxes and openness of the world market contribute to the quick financial growth of the country.

I discovered the article by Cox and Fisher to be very helpful and informative. They shape out the perspective created by the US’s participation within the globalization. On the similar time Cox and Fisher give considerably limited description of events. They center only on constructive sides of the phenomena. While enumerating all constructive sides of globalization, the authors of the article overlook about possible dangers caused by the rising temps of globalization. Despite the authors speak about financial development caused by globalization, they give little argument with a purpose to help their thesis. They do no provide convincing proofs, such as actual data and numbers, of their research. Regardless of all these counterparts I found the article very interesting and data provided by the creator expanded my knowledge.