If US Prices Increase Relative to the Rest of the World

question 65

Multiple Choice

If U.S. prices increase relative to the rest of the world, we would expect:

• A) net exports to increase.
• B) net exports to decrease.
• C) imports to decrease.
• D) imports to remain unaffected.

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Definitions:

Cricket Behavior

Entails the study of actions or reactions of cricket species in response to external or internal stimuli, focusing on communication, reproduction, and survival strategies.

Hypothesis

A proposed explanation for a phenomenon, made as a starting point for further investigation, which can be tested and falsified through experimentation and observation.

Ultrasonic Cries

Sounds emitted above the human hearing range, often used for communication or echolocation in various species.

Cricket Behavior

The range of actions and reactions of crickets in response to internal and external stimuli, including mating songs and territoriality.