An Upward Shift and Flattening of the Net Export (NX)function

question 37

Multiple Choice

An upward shift and flattening of the net export (NX) function can be caused by

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

---

Definitions:

Course Of Performance

The conduct that occurs under the terms of a particular agreement. Such conduct indicates what the parties to an agreement intended it to mean.

Contracting Parties

Contracting parties are the individuals or entities who enter into a contract, mutually agreeing to its terms and obligations.

Non-merchants

Individuals or entities that do not engage in commercial trading or business practices as their primary occupation.

Different Terms

Disparate conditions or clauses within an agreement or contract that distinguish from one another.