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According to the International Effect Explanation of the Downward Slope

Question 129

Multiple Choice

According to the international effect explanation of the downward slope of the AD curve, a higher price level in the U.S. economy causes:


A) U.S. imports and U.S. exports to increase.
B) U.S. imports to decrease and U.S. exports to increase.
C) U.S. imports and U.S. exports to decrease.
D) US imports to increase and U.S. exports to decrease.

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