4. If an import restriction does not influence domestic investment or saving, it causes a countrys currency

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4. If an import restriction does not influence domestic investment or saving, it causes a country’s currency to

a. appreciate, resulting in unchanged imports.

b. depreciate, resulting in unchanged imports.

c. appreciate, resulting in an unchanged trade balance.

d. depreciate, resulting in an unchanged trade balance.

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Macroeconomics

ISBN: 9781319263904

11th Edition

Authors: N. Gregory Mankiw

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