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International Transactions effect on the Domestic Economy

Unemployment has become quite a significant statistic in the United States. It is not the only challenge, but results from and influences the economy in the United States. Do international transactions have the potential to help the economy in the United States? Or will it cause the economy to suffer further? What are your thoughts?

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International transactions definitely have the ability to help the economy, on both a domestic and a global basis. To consider the impact of this issue, let's imagine that the opposite took place. Let's imagine that 90% of all international transactions stopped. If this happens, the international market declines. We have to consider in what countries those international transactions are taking ...

Solution Summary

This solution discusses international transactions and the potential to help the domestic economy.