In 1-2 sentences analyze one example of a change to the global economy and an impact to the economies and labor forces of Euro low and the U.S after 1945

One example of a change to the global economy after 1945 was the establishment of international trade agreements such as the General Agreement on Tariffs and Trade (GATT), which reduced barriers to trade between countries. This led to increased competition for goods and services, impacting the economies and labor forces of both Euro low and the U.S as companies in these countries had to adapt to a more globalized market, potentially leading to job losses and shifts in industries.