Multiple Choice
If the terms of trade increase then, ceteris paribus:
A) imports will fall.
B) imports will rise.
C) exports will rise.
D) exports will fall.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q3: Stagflation occurs when the economy experiences:<br>A) low
Q27: Advances in technology will shift the aggregate:<br>A)
Q60: A $1 million increase in investment spending
Q116: If your MPS is 0.60 that means
Q117: The concurrent problems of inflation and unemployment
Q119: Which of the following characterises the classical
Q121: Marginal propensity to consume:<br>A) is the change
Q122: The hands-off view of the classical school
Q124: In the aggregate demand-output model, if an
Q125: A contraction in an aggregate demand can