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Question 9 Answer saved Points out of 4.00 '7 Flag question In a large open economy, ifthe tariff rate is reduced, then: Select one: Q

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Question 9 Answer saved Points out of 4.00 \\'7 Flag question In a large open economy, ifthe tariff rate is reduced, then: Select one: Q A. net exports rise and the real exchange rate rises. O B. net exports rise and the real exchange rate falls. 0 C. net exports remain unchanged, as imports and exports increase by equal amounts, while the real exchange rate falls. 0 D. net exports remain unchanged, as imports and exports decrease by equal amounts, while the real exchange rate rises

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