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With the "Opening" of Trade, the Item Exported Experiences

Question 114

Multiple Choice

With the "opening" of trade, the item exported experiences
a(n. ________ in demand and therefore a(n) ________ in
Its relative (domestic) price, whereas the item imported
Experiences a(n) ________ in demand and therefore a(n)
________ in its relative (domestic) price.


A) increase, increase; decrease, decrease
B) increase, decrease; increase, decrease
C) decrease, decrease; increase, increase
D) decrease, increase; decrease, increase

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