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History 8 Online
OpenStudy (anonymous):

Which is one way that the European debt crisis adversely affects the American economy?

OpenStudy (jacobbenvenutty):

The European debt crisis adversely affects American economy through exports and the stock market. There are consequences for global trade and possibly for the American financial system as well. To quote an expert: "Exports are an important source of the American recovery, so if Europe tanks, there will be fewer exports to Europe, and that will hurt American manufacturing," This not only affects America through Europe directly, but indirectly as well. China has seen a recent degrade in production. And if you live in America it is a common joke that everything is made in China, which generally it is. This means imports are affected as well.

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