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If There Is a Shift of International Trade Away from a Country's

question 21

Multiple Choice

If there is a shift of international trade away from a country's products, we can expect that the FE and IS curves will shift to the _____, the overall payments balance will move toward _____, and the domestic currency will _____.


Definitions:

Dishonestly

The act of being untruthful or deceitful, involving practices such as lying, cheating, or stealing.

College Degree

An academic achievement awarded by colleges or universities upon completion of a course of study, signifying the recipient's education level in a specific field.

Specific Major

A particular field of study chosen by a student to specialize in during their undergraduate or graduate education.

Undeclared Major

A status for college students who have not yet selected a specific field of study.

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