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What happens when the US price level rises relative to foreign price levels? Multiple choice question. Foreigners buy more US goods and Americans buy more
What happens when the US price level rises relative to foreign price levels? Multiple choice question. Foreigners buy more US goods and Americans buy more foreign goods. Foreigners buy more US goods and Americans buy fewer foreign goods. Foreigners buy fewer US goods and Americans buy more foreign goods. Foreigners buy fewer US goods and Americans buy fewer foreign goods
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