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The figures are similar. Find the length of the side marked x.
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Open-Economy Macroeconomic Model
A model that analyzes an economy that engages in international trade, considering the impact of exports, imports, and capital flows.
Tariffs
Tariffs are taxes imposed by a government on imported goods and services to protect domestic industries, raise revenue, or influence trade balance.
Net Exports
The value of a country's exports minus the value of its imports, a key component in calculating a nation's GDP.
Government Budget Deficit
A financial situation where a government's expenditures exceed its revenues over a specified period, leading to borrowing or debt accumulation.
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