In the long run, if imports increase, then exports
A) will not change.
B) will decrease.
C) will also increase.
D) will become zero.
C
Economics
You might also like to view...
If a monopolist's price is $50 at 63 units of output and marginal revenue equals marginal cost, and average total cost equals $43, then the firm's total profit is
A) $3,150. B) $2,709. C) $441. D) $7.
Economics
The Paris Club refers to the irregular meetings of creditor governments with debtor nations
Indicate whether the statement is true or false
Economics