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    Exam 16: The Price Adjustment Mechanism With Flexible and Fixed Exchange Rates
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    For a Small Nation
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For a Small Nation

Question 13

Question 13

Multiple Choice

For a small nation:


A) the foreign supply of exports is horizontal
B) the domestic demand for imports is horizontal
C) the foreign demand for its exports is horizontal
D) the foreign supply of exports is vertical

Correct Answer:

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