8. when the prices of u.s.-produced goods rise and the price of foreign-produced goods do not...
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8. when the prices of u.s.-produced goods rise and the price of foreign-produced goods do not change, the result is O a decrease in exports. O a decrease in imports O an increase in exports O no change in imports or exports. 8. when the prices of u.s.-produced goods rise and the price of foreign-produced goods do not change, the result is O a decrease in exports. O a decrease in imports O an increase in exports O no change in imports or exports.
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A lower price level makes that economys goods more attractiv... View the full answer
Related Book For
Cost Management A Strategic Emphasis
ISBN: 978-1259917028
8th edition
Authors: Edward Blocher, David F. Stout, Paul Juras, Steven Smith
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