Multiple Choice
If the U.S.imposed import quotas on cotton,then which of the following would rise?
A) the U.S.real exchange rate and U.S.net exports
B) the U.S.real exchange rate but not U.S.net exports
C) U.S.net exports but not the U.S.real exchange rate
D) neither the U.S.real exchange rate nor U.S.net exports
Correct Answer:
Verified
Correct Answer:
Verified
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