Refer to the above table. Nation "A" has a balance of trade

The above figure is for a firm in monopolistic competition. The diagram represents the short run rather than the long run because the

A) MR curve cuts the ATC curve from below. B) MR curve and the D curve do not coincide. C) firm is incurring an economic loss. D) firm is making an economic profit.

Other things the same, a higher real exchange rate raises net exports

a. True b. False Indicate whether the statement is true or false