Solved

How Would an Increase in the Canadian Price Level, Other

Question 58

Multiple Choice

How would an increase in the Canadian price level, other things constant, affect imports and exports?  


A)  It would decrease Canadian exports but leave Canadian imports unchanged. 
B)  It would increase Canadian exports but leave Canadian imports unchanged. 
C)  It would decrease Canadian exports and increase Canadian imports. 
D)  It would increase Canadian exports and decrease Canadian imports.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions