Explain why some countries may experience a more severe recession than others.

Trading Blocs
Economic position of main trading partners
The exports as a percentage of GDP e.g. Japan, Singapore, Germany
Developing or Developed Country
The industry the country specialises in
Level of Investment e.g. China
National Debt
Infrastructure
Unemployment levels
Corruption, poor governance and civil wars
Landlocked with bad neighbours
Degree of Absolute Poverty
Differences in Policy Responses and governments' main objectives; e.g. cutting interest rates, fiscal stimulus, quantitative easing
Evaluation

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	Erstellt von Daniel Dalton vor mehr als 12 Jahre