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    Introduction to International Economics
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    Exam 13: Automatic Adjustments With Flexible and Fixed Exchange Rates
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    Business Cycles Tend to Impact Nations Other Than the Nation
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Business Cycles Tend to Impact Nations Other Than the Nation

Question 1

Question 1

Multiple Choice

Business cycles tend to impact nations other than the nation in which they are occurring because of ________________.


A) foreign repercussions
B) absorption
C) the income elasticity of imports
D) the foreign multiplier

Correct Answer:

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