Exam 23:Variable Net Exports

Which of the following would shift the U.S. net export function upward?

A decrease in the value of the U.S. dollar relative to other currencies will shift the net export function upward.

If the value of the U.S. dollar decreases relative to other currencies, the export function will shift upward and the import function will shift downward, thereby shifting the net export function upward.

As U.S. income falls, U.S. exports will fall.

Exhibit 9-4 -In Exhibit 9-4, which of the following will cause a shift from X-M to X'-M'?

As U.S. income rises, U.S. imports will rise.

U.S. net exports will increase if