According to the International Effect Explanation of the Downward Slope

question 146

Multiple Choice

According to the international effect explanation of the downward slope of the AD curve, a lower price level in the U.S. economy causes:

• A) U.S. imports and U.S. exports to decrease.
• B) U.S. imports and U.S. exports to increase.
• C) U.S. imports to increase and U.S. exports to decrease.
• D) U.S. imports to decrease and U.S. exports to increase.

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