Currently, the United States imports more than it exports.
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Q2: In an open economy, aggregate supply consists
Q4: An increase in the U.S.price level will
Q9: If the dollar appreciates, American consumers will
Q9: In an open economy net exports must
Q10: A recession abroad would cause U.S.net exports
Q14: An exchange rate appreciation will shift the
Q15: Appreciation of the Japanese yen will lead
Q16: A depreciating currency makes foreign inputs cheaper
Q17: The appreciation of the dollar in the
Q19: Booms and recessions are transmitted to other
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