Final answer:
The decline in manufacturing in the U.S. was influenced by factors like competition from rising industrial nations, trade deficits, and globalization, negatively impacting exports.
Explanation:
The decline in manufacturing in the United States was due to a combination of factors such as increased competition from rising industrial nations like Japan and West Germany, trade deficits, and the rise of globalization. This decline had a negative effect on exports as the value of American exports dropped while the prices of imports increased, leading to massive trade deficits.
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