How would a recession in Britian affect the United States? 10 points best answer?

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recession
Lyn-Z asked:


20,000 jobs in Britain have been lost last month. If Britain enters a recession someday, what are the possible effects it will have on the United States?

Phyllis
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    • This entry was posted on Monday, May 25th, 2009 at 9:04 pm and is filed under Finance. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

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    No Responses to “How would a recession in Britian affect the United States? 10 points best answer?”

    1. avgjoe Says:
      May 26th, 2009 at 7:02 pm

      If Britain falls into recession the US dollar should get stronger against the Euro giving the US more buying power. It would decrease tourism from Europe because of the higher dollar and slow the sale of our exports to GB.