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For This Question,assume That the Marshall-Lerner Condition Does Not Hold

Question 16

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For this question,assume that the Marshall-Lerner condition does not hold.An increase in the real exchange rate will tend to cause which of the following to occur?


A) a reduction in NX and a reduction in Y
B) a reduction in NX and an increase in Y
C) an increase in NX and a reduction in Y
D) an increase in NX and an increase in Y

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