Due to these changes in the economy, the new domestic demand curve will (Intersect OR be parallel to) the previous domestic demand curve.

The curve depicting the relationship between exports and output will shift (downwards OR upwards) and the total level of consumption in the economy will (decrease, increase, OR remain unchanged).

A country Country X opens its economy to exporting its goods, but doesn't allow imports. The curve DD in Graph 1A depicts the initial domestic demand to output Graph 1A relationship. Which of the following curves is a correct representation of the new domestic demand and output relationship? BB DD O A. AA O B. CC CC C. BB AA O D. DD Demand, Z After a decade of a restrictive import policy, the government in Country X finally opened up the economy to imports and foreign investment. This led to a significant appreciation in the exchange rate of Country X's currency. These changes, however, did not affect the total national income of Country X in that year. Due to these changes in the economy, the new domestic demand curve will the previous domestic demand curve. Output, Y The curve depicting the relationship between exports and output will shift and the total level of consumption in the economy will