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3.5 Learning About the Global Economy (Obj. 1)

Fred W. Smith, CEO of FedEx, said, “It is an inescapable fact that the U.S. economy is becoming much more like the European and Asian economies, entirely tied to global trade.”

Your Task. Read your local newspapers for a week and peruse national news periodicals (Time, Newsweek, Business Week, U.S. News, The Wall Street Journal, and so forth) for articles that support this assertion. Your instructor may ask you to (a) report on many articles or (b) select one article to summarize. Report your findings orally or in a memo to your instructor. This topic could be expanded into a long report for Chapters 12 or 13.