Protectionist policies implemented in a small open economy with a trade deficit have the effect of ______ the trade deficit and ______ the quantity of imports and exports.
A) decreasing; decreasing
B) not changing; decreasing
C) decreasing; not changing
D) not changing; not changing
Correct Answer:
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Q67: In a small open economy, if the
Q68: In a small open economy, if the
Q69: An appreciation of the real exchange rate
Q70: An effective policy to reduce a trade
Q71: Use the following to answer questions :
Exhibit:
Q73: Use the following to answer questions :
Exhibit:
Q74: Use the following to answer questions :
Exhibit:
Q75: Use the following to answer questions:
Exhibit: Policies
Q76: Which of the following would decrease the
Q77: A depreciation of the real exchange rate
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