If a country's currency appreciates:
A) exports rise and imports fall.
B) exports fall and imports rise.
C) capital will flow into the country.
D) capital will flow out of the country.
E) exports and imports both fall.
Correct Answer:
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Q21: The _ elasticity of demand for _
Q22: The foreign income effect depends on:
A) the
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Q27: If a country's currency depreciates:
A) exports rise
Q28: The domestic income effect on imports depends
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