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It will reduce the disposable income or fall in income.When the income is fall so that it will cause reduce in purchasing power.As the result,consumer will purchase domestic goods and less of the imported goods can be afforded.
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∙ 11y ago
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How does a recession in one country affect another?
International trade is affected by recession very much.
What are the effect of international finance on domestic trade?
What are the effect of international finance on domestic trade?
The negative effects of international trade in local economies?
negatives effect of international trade
Was an effect of the Great Recession?
High unemployment was an effect of the Great Recession.
What is the effect of globalization to international trade?
the effect globalization is the thinning of our ozoned layer
How does a recession in one country affect another?
International trade is affected by recession very much.
What are the effect of international finance on domestic trade?
What are the effect of international finance on domestic trade?
The negative effects of international trade in local economies?
negatives effect of international trade
Was an effect of the Great Recession?
High unemployment was an effect of the Great Recession.
What is the effect of globalization to international trade?
the effect globalization is the thinning of our ozoned layer
What was the effect of the 1981-1982 recession?
High unemployment was an effect of the Great Recession.
The conversion and exchange rate for currency has no effect on international trade.?
False
Define recession in the economy?
Recession means the period of reduction in trade and commerce in the economy.
Was North Korea affected by the global recession?
NO. North Korea was not affected in any meaningful way by the global recession, but this is primarily because North Korea is an autarky (which means it engages in little to no international trade). North Korea's economy is a consistent failure.
What was one effect of the end of the international slave trade?
Slave families were split up and sold.
What effect did reunification have on germany international rule?
After the initial shock and recession, Germany's GDP and exports rose to record levels after the unification. They were now committed to human riqhts & democracy
What effect increasing economics interdependence have on the countries of the world?
Growing international trade and rising standards of living
