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    Principles of Macroeconomics Study Set 2
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    Exam 19: A Macroeconomic Theory of the Open Economy
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    If the US Government Imposes a Quota on Toy Imports, Then Net
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If the US Government Imposes a Quota on Toy Imports, Then Net

Question 295

Question 295

Multiple Choice

If the U.S. government imposes a quota on toy imports, then net exports of U.S. toys would


A) rise.
B) not change.
C) fall.
D) rise, not change, or fall depending on what happened to the exchange rate.

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