A(n) _______ relationship exists between the price level and net exports.
A) negative
B) positive
C) perfectly correlated
D) uncorrelated

Question

Quizplus · Accepted Answer

A negative relationship exists between the price level and net exports, meaning that as the price level increases, net exports decrease. This is due to the fact that higher prices make a country's exports more expensive relative to other countries, making them less competitive in international markets.

A(n) _______ Relationship Exists Between the Price Level and Net