Multiple Choice
Ivan, a Russian citizen, sells several hundred cases of Russian caviar to a restaurant chain in Canada. Which of the following correctly identifies the effects of this transaction?
A) It increases Canadian net exports and has no effect on Russian net exports.
B) It increases Canadian net exports and decreases Russian net exports.
C) It decreases Canadian net exports and has no effect on Russian net exports.
D) It decreases Canadian net exports and increases Russian net exports.
Correct Answer:
Verified
Correct Answer:
Verified
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