If Québecers decrease their purchases of French champagne, assuming all else remains constant, this will

Name: If Québecers decrease their purchases of French champagne, assuming all else remains constant, this will
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Decreasing purchases of French champagne means that Québecers are importing less, which would reduce the import bill and potentially improve Canada's balance of trade by reducing the trade deficit or increasing the trade surplus, assuming exports remain constant.

If Québecers Decrease Their Purchases of French Champagne, Assuming All