Solved

If USPrices Increase Relative to the Rest of the World,we Would

Question 147

Multiple Choice

If U.S.prices increase relative to the rest of the world,we would expect:


A) imports to increase and exports to fall.
B) imports to decrease and exports to increase.
C) imports and exports to increase.
D) imports and exports to decrease.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q57: In the short run, the aggregate supply

Q96: Consumption:<br>A) is a major component of aggregate

Q139: When the economy produces less than its

Q141: The relationship between government spending and the

Q143: As the U.S.price level decreases,expenditures by which

Q144: The downward sloping aggregate demand curve can

Q148: If a natural disaster were to cause

Q150: A sudden increase in immigration would be

Q151: The long-run aggregate supply curve will shift

Q169: Because the prices of final goods and