If US Prices Increase Relative to the Rest of the World

question 128

Multiple Choice

If U.S. prices increase relative to the rest of the world, what effect would we expect to see on traded goods?

• A) Imports and net exports would increase.
• B) Exports and net exports would decrease.
• C) Imports would decrease and net exports would increase.
• D) Exports would decrease and net exports would increase.

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