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A Fall in the Canadian-Dollar Price of Foreign Currency,other Things

Question 103

Multiple Choice

A fall in the Canadian-dollar price of foreign currency,other things being equal,causes Canada's net export (NX) function to shift ________ and ________.


A) upward; become flatter
B) upward; become steeper
C) downward; become flatter
D) downward; keep the same slope
E) downward; become steeper

Correct Answer:

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