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2 years ago

Does the Russian-Ukrainian war have an effect on the US Economy?

Biology

2 answers:

Zigmanuir [339]2 years ago

7 0

Answer: Yes, the Russian-Ukrainian conflict will affect the U.S. economy as well as the entire world's economy.

Explanation: Although the United States does not solely depend on European countries such as Ukraine and Russia for imported goods and oil, Russia is one of Europe's largest oil exporters while Ukraine is a major exporter of fertilizer and crops.

A handful of issues could rise within the U.S. from a lack of exportation from Russia & Ukraine including:

- Inflation

- Increased energy & gas prices

- Supply chain disruptions from a lack of agricultural products - <em>this could potentially cause a spike in higher food prices</em>

The United States and countries within NATO have counteracted by placing harsh sanctions on Russia but on top of the financial losses due to the pandemic, the Russian-Ukrainian conflict will continue to affect both the United States and the entire world.

gulaghasi [49]2 years ago

5 0

Answer:

Explanation:

i would say no due to russia not really affecting the USA, the USA has large oil supply regardless and doesnt NEED russia to thrive, although the more oil the better, right? for USA anyways. although the russian currency really declined because of this, but not vice versa

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3 years ago

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3 years ago

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3 years ago

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