5. Which of the following will happen in a country if a trading partners economy experiences a...

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5. Which of the following will happen in a country if a trading partner’s economy experiences a recession?

a. It will experience an expansion.

b. Exports will decrease.

c. The demand for the country’s currency will increase.

d. The country’s currency will appreciate.

e. All of the above will occur.

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Macroeconomics In Modules

ISBN: 978-1464139055

3rd Edition

Authors: Paul Krugman ,Robin Wells

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