Final answer:
Global economy provides advantages like higher productivity and wages but also brings risks of job loss and income inequality for American workers.
Explanation:
One advantage of the global economy for American workers is the potential for higher productivity and wages due to specialization and comparative advantage in certain industries. This can lead to increased economic benefits for workers.
One disadvantage is the risk of job loss and income inequality as industries shift due to globalization, leading to challenges for workers with specific skills and those in less efficient employments.
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