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Everything Else Held Constant,a Shift in Tastes in the U

Question 67

Multiple Choice

Everything else held constant,a shift in tastes in the U.S. towards American goods will ________ net exports in the U.S. and cause the quantity of aggregate output demanded to ________ in Mexico.


A) decrease;rise
B) decrease;fall
C) increase;rise
D) increase;fall

Correct Answer:

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