A depreciation of the dollar causes
A. an increase in U.S. imports.
B. an increase in the prices of U.S. exports.
C. a decrease in U.S. exports.
D. an increase in the prices of U.S. imports.
Answer: D
Economics
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a. demand curve b. income effect c. elastic d. inferior good
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The case of New Zealand, as described in the text, draws what simple conclusion regarding the country's international debt position?
What will be an ideal response?
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