Multiple Choice
Suppose that the United States imposes an import quota on automobiles.In the open-economy macroeconomic model this quota shifts the
A) U.S.supply of loanable funds left.
B) U.S.demand for loanable funds left.
C) demand for U.S.dollars in the market for foreign-currency exchange right.
D) supply of U.S.dollars in the market for foreign-currency exchange left.
Correct Answer:
Verified
Correct Answer:
Verified
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