The United States experienced a recession that lasted for more than a year in the late 2000s. How did this recession most likely affect U.S. trade partners Canada and Mexico? (1 point) Responses Their economies were not affected by this problem. Their economies were not affected by this problem. They had some economic decline because of lower U.S. spending. They had some economic decline because of lower U.S. spending. Their economies grew because consumers could buy U.S. products more cheaply. Their economies grew because consumers could buy U.S. products more cheaply. They had major economic problems because they could no longer consume the goods that they needed.
1 answer
The most likely response is: They had some economic decline because of lower U.S. spending.
During a recession in the United States, demand for goods and services typically decreases, leading to lower imports from trade partners like Canada and Mexico. This results in economic challenges for those countries due to reduced export revenues and potentially lower economic growth.
