Question
The foreign trade effect refers to: A.the tendency ofcitizens of other countries to buy more U.S.-made goods as P falls,andvice versa.This moves the economy along
The "foreign trade" effect refers to:
A.the tendency ofcitizens of other countries to buy more U.S.-made goods as P falls,andvice versa.This moves the economy along the AD curve.
B.the tendency ofcitizens of other countries tobuy more U.S.-made goods as P falls,andvice versa.This shifts the AD curve to the right.
C.the tendency ofcitizens of other countries tobuy fewer U.S.-made goods as P falls,andvice versa.This moves the economy along the AD curve.
D.the tendency ofcitizens of other countries tobuy fewer U.S.-made goods as P falls,andvice versa.This shifts the AD curve to the left.
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Power And Plenty Trade, War, And The World Economy In The Second Millennium
Authors: R Findlay, Ronald Findlay
1st Edition
0691143277, 9780691143279
