suppose the United States has serious economic problems. How would this most likely affect the world economy? The global economy would be unchanged because there are so many other countries.  The global economy would improve because consumers in other countries spend money elsewhere.  The global economy would suffer because the United States has so much influence.  The global economy would either decline or improve depending on other factors.

Economics:
10th Edition
ISBN:9781285859460
Author:BOYES, William
Publisher:BOYES, William
Chapter18: Globalization
Section: Chapter Questions
Problem 3E
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suppose the United States has serious economic problems. How would this most likely affect the world economy?

  • The global economy would be unchanged because there are so many other countries. 
  • The global economy would improve because consumers in other countries spend money elsewhere. 
  • The global economy would suffer because the United States has so much influence. 
  • The global economy would either decline or improve depending on other factors. 
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