If USPrices Increase Relative to the Rest of the World,we Would

question 147

Multiple Choice

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

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

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Definitions:

Interest Allowances

The amount of interest income received or credited to an account, sometimes used in calculating adjusted income or benefits.