When Macroland's central banking authority reduces the legal reserve requirement by one half, the potential demand deposits will double

An import tariff will cause the relative demand for ________ to ________ and the relative supply for ________ to ________

A) imports; decrease; imports; increase B) imports; increase; imports; decrease C) exports; increase; exports; decrease D) exports; decrease; exports; increase E) exports; increase; imports; decrease

The ratio (in physical units) at which two countries trade goods is known as the

a. opportunity cost b. marginal social cost c. price to earnings ratio d. comparative advantage ratio e. terms of trade