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Showing posts from May, 2019

Impact Of U.S on Economy Of the Pakistan

Globalization is curse or blessing: Globalization is curse or sometimes the blessing for the economy of the Pakistan. The country selected for the justifying the above statement is (US) America.  Impact Of U.S on Economy Of the Pakistan Introduction Of American Economy: The United States of America is a union of fifty states in North America. It is the  world’s third largest economy in the world.   (Amadeo, 2018) .  The U.S. economy is dominated by services oriented companies in areas such as technology, financial services, healthcare and retail.  Moreover, according to the IMF, the U.S. has the sixth highest per capita GDP. Foreigners continue to invest in U.S. assets and companies, and so the net international investment position of the United States has grown over time. The U.S. is the 2nd leading exporter of goods and services in the world and the number one leading importer. The U.S. dollar is often referred to as the world’s currency because it is by far the m