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For Purposes of Macroeconomic Analysis,a Country Is Small When

Question 14

Multiple Choice

For purposes of macroeconomic analysis,a country is small when:


A) its population is less than 20 million.
B) it is a price taker in world markets for its exports and imports.
C) its macroeconomic imbalances have no significant effect on other countries.
D) its domestic economy is not significantly influenced by international trade and financial flows.

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