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The Price Elasticity of the ______________ in Euros Is Given

Question 2

Multiple Choice

The price elasticity of the ______________ in euros is given by the percentage change in the quantity demanded of US exports by foreigners divided by the percentage change in the price of US exports in euros.


A) US demand for exports
B) foreign demand for US imports
C) US demand for imports
D) foreign demand for US exports

Correct Answer:

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