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    Exam 19: A Macroeconomic Theory of the Open Economy: How Policies and Events Affect an Open Economy
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    If the USgovernment Imposes a Quota on Leather Shoes,then Net Exports of Exports
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If the USgovernment Imposes a Quota on Leather Shoes,then Net Exports of Exports

Question 104

Question 104

Multiple Choice

If the U.S.government imposes a quota on leather shoes,then net exports of U.S.shoes would


A) rise.
B) not change.
C) fall.
D) rise,not change,or fall depending on what happened to the exchange rate.

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