As the price level falls, the purchasing power of households' real wealth will $.$ causing the quantity of output demanded to

$-$ This phenomenon is known as the $$ effect.

When an economy's price level falls, ceteris paribus, the domestic price level relative to the price level in other countries will $q,.$ This means that domestic exports will be relatively $q,$ expensive than before, while foreign imports will be relatively $q,$ expensive than they were previously. The number of domestic products purchased by foreigners $($exports$)$ will therefore $q,-,$ and the number of foreign products purchased by domestic consumers and firms $($imports$)$ will $-$ Net exports will therefore $q,,$ causing the quantity of domestic output demanded to $-$ This phenomenon is known as the $q,$ effect.