When aggregate prices rise, U.S. goods become more expensive relative to goods from other countries; this leads to an increase in exports.

Name: When aggregate prices rise, U.S. goods become more expensive relative to goods from other countries; this leads to an increase in exports.
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When aggregate prices rise, U.S. goods become more expensive relative to goods from other countries, leading to a decrease in exports as foreign buyers may seek cheaper alternatives.

When Aggregate Prices Rise, U