What effect does a contractionary monetary policy in the U.S. have on the foreign trade sector?
A) The higher value of the dollar will decrease imports and increase exports.
B) The higher value of the dollar will decrease exports and increase imports.
C) The lower value of the dollar will decrease imports and increase exports.
D) The lower value of the dollar will decrease exports and increase imports.
B
Economics
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Consider the following products. Which of them has the flattest demand curve?
A) insulin B) alcohol C) cigarettes D) butter
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