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  3. Study Set
    Principles of Microeconomics
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    Exam 20: Exchange Rates, Balance of Payments, and International Debt
  5. Question
    Which of the Following Would Not Be an Appropriate Response
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Which of the Following Would Not Be an Appropriate Response

Question 79

Question 79

Multiple Choice

Which of the following would not be an appropriate response to an unfavorable balance of trade for the United States?


A) increase tariffs
B) appreciate the dollar
C) subsidize exports
D) impose import quotas
E) impose exchange controls

Correct Answer:

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