6. Assuming the economy is operating below its potential output, what is the impact of an increase...
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6. Assuming the economy is operating below its potential output, what is the impact of an increase in net exports on real GDP?
Why is it difficult, if not impossible, for a country to boost its net exports by increasing its tariffs during a global recession?
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Related Book For 
Macroeconomics
ISBN: 9781259915673
21st Edition
Authors: Campbell McConnell, Stanley Brue , Sean Flynn
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