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When the Relative Prices of American-Made Goods Go Up,the Result

Question 47

Multiple Choice

When the relative prices of American-made goods go up,the result is


A) an increase in the exports of Canadian-made goods.
B) a decrease in exports of Canadian-made goods.
C) a decrease in imports of Canadian-made goods.
D) no net change in imports or exports of Canadian-made goods.

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