In a Persisting Demand- Pull Inflation

question 96

Multiple Choice

In a persisting demand- pull inflation

• A) aggregate demand and short- run aggregate supply both decrease.
• B) short- run aggregate supply decreases and aggregate demand increases.
• C) aggregate demand increases and long- run aggregate supply decreases.
• D) None of the above answers are correct.

Recognize the legal framework governing international business, including the Foreign Corrupt Practices Act.

Analyze the impact of currency valuation and devaluation on international trade.

Identify the strategies countries use to enhance their trade competitiveness.

Distinguish between social, cultural, and legal barriers in international trade.

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