A Parallel Upward Shift in the Net Export (NX)function Can

question 127

Multiple Choice

A parallel upward shift in the net export (NX) function can be caused by

• A)an increase in domestic national income.
• B)an increase in foreign national income.
• C)an increase in domestic prices relative to foreign prices.
• D)a decrease in the Canadian-dollar price of foreign currency.
• E)a decrease in foreign prices relative to domestic prices.