Mauritius, an island off the coast of Africa, competes with other countries producing goods with low- skilled labor. In 2006, it was reported that its "... factories have been exposed to ... competition China, India and other Asian mass producers." As a result, "the main export industry has seen a 30 cent reduction in volume ..."
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Question

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The report mentions a reduction in volume of exports, indicating a decrease in autonomous expenditure, which is not driven by changes in income or interest rates, but instead by external shocks such as increased competition from other countries.

Mauritius, an Island Off the Coast of Africa, Competes with Other