Multiple Choice
Figure 30-1
-Refer to Figure 30-1. Which of the following would cause the change depicted in the figure above?
A) U.S. productivity falls relative to European productivity.
B) Americans increase their preferences for goods produced in the EU relative to American goods.
C) The European Union increases its quotas on Italian wine.
D) The price level of goods produced in the EU decreases relative to the price level of goods produced in the United States.
Correct Answer:

Verified
Correct Answer:
Verified
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