If consumers in country A purchase many imported-from-country-B goods, and these imported goods are perceived by country A consumers as normal goods, then a recession accompanied by a decline in consumer incomes in country A can spread into country B.

Question

Quizplus · Accepted Answer

A recession in country A can lead to decreased demand for normal goods, including imports from country B, potentially impacting country B's economy.

If Consumers in Country a Purchase Many Imported-From-Country-B Goods, and These