economic

• why the USA has an economic influence on other countries - trade

  Many countries rely on the US for trading and its exports such as fuel, machinery and electricals. The US has many of the world’s biggest multinational companies such as McDonald’s and Microsoft, which have branched out to other countries. This is influential as this can lead to improvements in technology and increased tax for the economy. For example, President Trump has recently imposed tariffs on goods,

  targeting China, Mexico and Canada. This has had a negative impact on these economies.
• why the USA has an economic influence on other countries - aid

  The USA provides aid in the form of resources and packages to countries which are in extreme poverty or have experienced disaster. This is influential as the USA can help developing countries and its citizens to rebuild after disasters and conflicts. For example, according to the Pew Research Center, in 2023, the U.S. government disbursed $71.9 billion in foreign aid.
• why the USA has an economic influence on other countries - employment

  Many of the world’s biggest companies are based in the US and have offices across the globe. The US has created many products which are highly sought after around the world, for example Apple and Facebook. This is influential as the these companies have a global reach, meaning they have set up offices and stores in other countries which employ thousands of people, providing them with a stable

  income. For example, some of the largest companies in the world are from the US including Apple, Amazon, Microsoft and Google and they

  employ thousands of people across the world.