What accounts for the sharp fall in our trade deficit in 2009? a) Our imports fell more

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What accounts for the sharp fall in our trade deficit in 2009?

a) Our imports fell more than our exports.

b) Our exports fell more than our imports.

c) The recession was much worse in the rest of the world than in the United States.

d) The American consumer made a much greater effort to buy American products to keep jobs in the United States.

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Microeconomics

ISBN: 9780077641542

11th Edition

Authors: Stephen Slavin

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