The Varieties of Consumer Experience.

CONSUMER goods; GLOBALIZATION; UNITED States economy, 2001-2009; ECONOMICS; INTERNATIONAL trade; ECONOMIC forecasting; ECONOMIC stabilization; PRICES

The article analyzes the relationship between globalization and consumer goods. The article presents a look at a study that found that globalization reduces the prices of consumer goods in the U.S. and increases the variety of goods for sale. The authors of the study suggest that this trend has created an increase in national economic well-being.