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If the price level in the United States increases relative to the price levels in foreign countries, then A. imports and exports of the United
If the price level in the United States increases relative to the price levels in foreign countries, then
A. imports and exports of the United States will decrease
B. imports of the United States will increase and exports of the United States will decrease
C. imports and exports of the United States will increase
D. imports of the United States will decrease and exports of the United States will increase
Answer A is NOT CORRECT
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Fundamentals of Cost Accounting
Authors: William Lanen, Shannon Anderson, Michael Maher
3rd Edition
9780078025525, 9780077517359, 77517350, 978-0077398194
