The likely outcome in the second country, as a result of increased imports due to the first country's economic boom, would be an economic boom. Increased demand for goods and services from the second country can stimulate its economy, leading to increased production, job creation, and overall economic growth.
A country has an economic boom and can afford to increase imports from a second country. What is likely to happen in the second country?
(1 point)
Responses
a recession
a recession
an economic boom
an economic boom
a depression
a depression
increased taxes
1 answer
3 answers