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In a Two-Good,one-Period Model,when the Terms of Trade Move in Your

Question 25

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In a two-good,one-period model,when the terms of trade move in your favour,the

In a two-good,one-period model,when the terms of trade move in your favour,the


A) current account surplus unambiguously increases.
B) current account balance unambiguously decreases.
C) effect on the trade balance is uncertain.
D) trade balance is unchanged.
E) trade balance improves.

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