The United States experienced a recession which lasted for more than a year in the late 2000s. How did this recession most likely affect its trade partners Canada and Mexico?
a. Their economies were not affected by this problem.
b. They had some economic decline because of lower US spending.
c. Their economies grew because consumers could by US products more cheaply.
d. They had major economic problems because they could no longer consume the goods they needed.
Is this b? I'm a little confused.
The answers for this are
1.b
2. b
3. A
4. D
It's D, I just took the test
THANKS is right 100%
it’s D i promise! i just got it wrong cause i pressed B:,(
Its d
Hey It's D I just took the test and it's D trust me
I agree.
Yes, option b is the most likely answer. The recession in the United States during the late 2000s, often referred to as the Great Recession, had a significant impact on its trade partners Canada and Mexico.
During a recession, there is a decrease in economic activity, including consumer spending. As the United States is a major trading partner for both Canada and Mexico, a decrease in US spending would lead to lower demand for goods and services from these countries. This would result in a decline in exports, which would negatively affect their economies.
Therefore, option b, which states that Canada and Mexico had some economic decline because of lower US spending, is the most accurate depiction of how the recession likely affected these trade partners.