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A Fall in Domestic Prices Relative to Foreign Prices, Other

Question 11

Multiple Choice

A fall in domestic prices relative to foreign prices, other things being equal, causes the net export (NX) function to shift and .


A) downward; become steeper
B) downward; become flatter
C) downward; and maintain the same slope
D) upward; become flatter
E) upward; become steeper

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