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When the Price Level in Canada Falls Relative to the Price

Question 45

Multiple Choice

When the price level in Canada falls relative to the price level of other countries, ________ will fall, ________ will rise, and ________ will rise.


A) imports; exports; net exports
B) exports; imports; net exports
C) net exports; exports; imports
D) net exports; imports; exports
E) net exports; incomes; exports

Correct Answer:

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