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In 2015, the Brazilian Currency, the Real, Depreciated Significanly

Question 108

Multiple Choice

In 2015, the Brazilian currency, the real, depreciated significanly.The AS/AD model predicts that this would cause a trade:


A) deficit for Brazil and shifted its AD curve left
B) surplus for Brazil and shifted its AD curve left.
C) deficit for Brazil and shifted its AD curve right.
D) surplus for Brazil and shifted its AD curve right.

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