What is one of the downsides of increasing economic interdependence?

Question 6 options:

higher prices for goods and services

reduced tax revenues for all governments

loss of control over the national economy

lower standard of living around the world

What is one of the downsides of increasing economic interdependence? L oss of control over the national economy.

When an economy increases economic interdependence, there is more focus on international trade. Across the board, this in turn increases the standard of living. There is a much larger growth throughout the worlds economy, but there is a loss of superiority when each country is committed and working together.