Draw a diagram and illustrate the effects of the following on the net exports function for the United States. a. The French government imposes restrictions on French imports of U.S goods. p. The U.S national income rises. . Foreign income falls. d. The dollar depreciates on the foreign exchange market.
Draw a diagram and illustrate the effects of the following on the net exports function for the United States. a. The French government imposes restrictions on French imports of U.S goods. p. The U.S national income rises. . Foreign income falls. d. The dollar depreciates on the foreign exchange market.
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Transcribed Image Text:Draw a diagram and illustrate the effects of
the following on the net exports function
for the United States.
a. The French government imposes restrictions
on French imports of U.S goods.
b. The U.S national income rises.
c. Foreign income falls.
d. The dollar depreciates on the foreign
exchange market.
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