Solved

When the Relative Prices of American-Made Goods Go Down,the Result

Question 40

Multiple Choice

When the relative prices of American-made goods go down,the result is


A) a decrease in the exports of Canadian-made goods.
B) a decrease in exports of Canadian-made goods.
C) an increase in imports of Canadian-made goods.
D) no net change in imports or exports of Canadian-made goods.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents