If foreign income decreases, net exports will likely:
A) increase.
B) decrease.
C) remain constant.
D) There is not enough information to determine what will happen.

Name: If foreign income decreases, net exports will likely: A) increase. B) decrease. C) remain constant. D) There is not enough information to determine what will happen.
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Question

Quizplus · Accepted Answer

If foreign income decreases, it is likely that consumers in foreign countries will have less money to spend on imports, which will result in a decrease in net exports.

If Foreign Income Decreases, Net Exports Will Likely