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treetreee treetreee
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5 years ago

Question 1.

If exchange rates are fixed, then an increase in Canada's export prices causes



▸ U.S. import prices to fall.

▸ U.S. import prices to rise.

▸ Canadian import prices to fall.

▸ Canadian import prices to rise.

Question 2.

Japan imports over 90% of its consumption of oil. If the price of oil increases, Japan's



▸ aggregate demand curve shifts to the right.

▸ aggregate supply curve shift to the right.

▸ aggregate supply curve shifts to the left.

▸ aggregate planned expenditures increase.
Textbook 
Principles of Economics

Principles of Economics


Edition: 12th
Authors:
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tlastertlaster
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5 years ago
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treetreee Author
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5 years ago
this is exactly what I needed
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This site is awesome
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