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

Many European nations are experiencing increased levels of social unrest.

The European Union has championed democracy and human rights.

Americans are buying fewer European-made goods.

Some U. S. banks have indirectly lent money to heavily indebted European countries.

Question

History

Guest

2 November, 16:12

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

Many European nations are experiencing increased levels of social unrest.

The European Union has championed democracy and human rights.

Americans are buying fewer European-made goods.

Some U. S. banks have indirectly lent money to heavily indebted European countries.

+3

Answers (1)

Know the Answer?

London Barron · Answer 1

One way in which the European debt crisis adversely affects the American economy is that " Some U. S. banks have indirectly lent money to heavily indebted European countries," which means that a loss of funds can lead to a loss of confidence in the US banking system.