If Germany's Real GDP Falls,this Tends to ______________ United States

question 73

Multiple Choice

If Germany's Real GDP falls,this tends to ______________ United States exports,shifting the United States AD curve to the ________________.

• A)raise;right
• B)raise;left
• C)lower;right
• D)lower;left

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Definitions:

Neo-Mercantilism

A trade theory which suggests that trade generates wealth for a country with a trade surplus, with emphasis on rapid economic development.

Positive Balance

A financial situation where assets exceed liabilities, indicating a surplus.

Protectionist Actions

Measures taken by a government to protect its domestic industries from foreign competition by imposing tariffs or quotas.

International Product Life Cycle

A theory explaining how a product matures and sales change over time on an international scale, including stages like introduction, growth, maturity, and decline.