The United States imports approximately $45 billion in automobiles from Japan. If there is a recession in the United States, we can expect
A) U.S. imports of automobiles from Japan will increase.
B) U.S. imports of automobiles from Japan will decrease.
C) U.S. imports of automobiles from Japan will remain the same.
D) United States will import no automobiles from Japan.

Question

Quizplus · Accepted Answer

During a recession, consumers tend to cut back on their spending and purchase fewer goods, including automobiles. Therefore, U.S. imports of automobiles from Japan are likely to decrease.

The United States Imports Approximately $45 Billion in Automobiles from Japan