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:

Verified
Correct Answer:
Verified
Q56: Which of the following will shift the
Q74: Which of the following is true in
Q75: Refer to Figure 10.2 for the following
Q76: Inflation is generally the result of total
Q77: Which of the following correctly describes the
Q78: The international-trade effect states that, ceteris paribus,
Q80: What do the 'aggregate demand' and 'aggregate
Q81: Which of the following is not an
Q83: Refer to Figure 10.1 for the following
Q84: New Keynesian macroeconomic theory emphasises the role