Suppose most European economies are in a recession. How would you expect this to affect the European demand for American goods? What happens to net exports? Sketch a diagram that illustrates how this change in net exports affects real GDP in the United States.

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The Answer of Suppose most European economies are in a recession. How would you expect this to affect the European demand for American goods? What happens to net exports? Sketch a diagram that illustrates how this change in net exports affects real GDP in the United States.

Suppose Most European Economies Are in a Recession