How does a real appreciation affect the quantities of imports and exports? Select one: O a. Imports rise; exports are unaffected. O b. Imports fall; exports fall. O c. Imports rise; exports rise. O d. Imports rise; exports fall. O e. Imports fall; exports rise.

ENGR.ECONOMIC ANALYSIS
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How does a real appreciation affect the quantities of imports and exports?
Select one:
O a. Imports rise; exports are unaffected.
O b. Imports fall; exports fall.
O c. Imports rise; exports rise.
O d. Imports rise; exports fall.
O e. Imports fall; exports rise.
Transcribed Image Text:How does a real appreciation affect the quantities of imports and exports? Select one: O a. Imports rise; exports are unaffected. O b. Imports fall; exports fall. O c. Imports rise; exports rise. O d. Imports rise; exports fall. O e. Imports fall; exports rise.
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