Which statement best describes how economic fluctuations in one country are related to fluctuations in other countries?
A) Economic fluctuations are linked, but NOT perfectly synchronized, across countries.
B) Economic fluctuations are perfectly synchronized across countries.
C) Economic fluctuations in one country are independent of fluctuations in other countries.
D) Economic fluctuations in Canada always lag behind fluctuations in other developed economies.

Question

Which statement best describes how economic fluctuations in one country are related to fluctuations in other countries?  
A) Economic fluctuations are linked, but NOT perfectly synchronized, across countries. 
B) Economic fluctuations are perfectly synchronized across countries. 
C) Economic fluctuations in one country are independent of fluctuations in other countries. 
D) Economic fluctuations in Canada always lag behind fluctuations in other developed economies.

Quizplus · Accepted Answer

Economic fluctuations in one country are linked to fluctuations in other countries due to various factors such as trade, investment, and the global financial system. However, they are not perfectly synchronized as each country has its own unique economic conditions and policies. Therefore, the degree of synchronization can vary across countries and over time.

Which Statement Best Describes How Economic Fluctuations in One Country