The demand for imports will ________ if __________ increases.
A) decrease; domestic real GDP
B) increase; domestic real GDP
C) decrease; foreign real GDP
D) increase; foreign real interest rates

Question

Quizplus · Accepted Answer

When domestic real GDP increases, it means the economy is growing, and consumers and businesses have more income to spend, which often leads to an increase in the demand for both domestic and imported goods and services.

The Demand for Imports Will ________ If __________ Increases

The Demand for Imports Will If __ Increases