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When the Price Level in Australia Rises Relative to the Price

Question 79

Multiple Choice

When the price level in Australia rises relative to the price level of other countries, ceteris paribus, ________ will rise, ________ will fall, and ________ will fall.


A) imports; exports; net exports
B) exports; imports; net exports
C) net exports; exports; imports
D) net exports; imports; exports

Correct Answer:

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