An appreciation of the U.S dollar tends to U.S net exports and shift the U.S AD curve to the O Raise; right O Raise; left O Lower; right Lower; left

Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter23: The International Trade And Capital Flows
Section: Chapter Questions
Problem 7SCQ: Why does the trade balance and the current account balance track so closely together over time?
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An appreciation of the U.S dollar tends to
U.S net exports and shift the U.S
AD curve to the
Raise; right
Raise; left
O Lower; right
O Lower; left
Transcribed Image Text:An appreciation of the U.S dollar tends to U.S net exports and shift the U.S AD curve to the Raise; right Raise; left O Lower; right O Lower; left
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