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According to the International Effect Explanation of the Downward Slope

Question 146

Multiple Choice

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


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

Correct Answer:

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