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4. (15 points) Use indifference curves as an indicator of national welfare to evaluate the following statement: Suppose the price of a country's exports increases

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4. (15 points) Use indifference curves as an indicator of national welfare to evaluate the following statement: \"Suppose the price of a country's exports increases relative to its imports. This only benets the country if it increases its quantity of exports in response. If a country does not increase exports when their relative price rises, then the price increase will not increase welfare.\" State your answer and explain in words. You might use a graph to help in your explanation

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