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As a Nation Begins to Export, Its Own Relative Price

Question 109

Multiple Choice

As a nation begins to export, its own relative price of
Exported goods will ______, and as it imports other
Goods, the relative price of those will ______, thus
___________ its standard of living.


A) fall; rise; lowering
B) rise; fall; lowering
C) rise; fall; raising
D) fall; rise; raising

Correct Answer:

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