If you were in charge of macroeconomic policies in a small open economy, what qualitative effect would
Question:
a. Large deposits of uranium are discovered in the interior of your country.
b. The world price of your main export good, copper rises permanently.
c. The world price of copper rises temporarily.
d. There is a temporary rise in the world price of oil.
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Related Book For
International Economics Theory and Policy
ISBN: 978-0273754206
9th Edition
Authors: Paul R. Krugman, Maurice Obstfeld, Marc J. Melitz
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