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alisha [4.7K]
3 years ago
5

When the average price level in the united states, relative to the average price levels in other countries, rises, this tends to

raise imports and lower exports?
Business
1 answer:
vesna_86 [32]3 years ago
8 0
When the average price level rise in the USA relative the to the average price levels in other countries, American products become more expensive for those countries. Hence, there will a fall in imports level. On the other hand, countries with Lowe prices should experience a rise in the price exports because their products are more price-competitive.
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Settings alzania produces and consumes​ 500,000 tons of cotton during a year. Reports indicate that​ alzania's neighbor, which a
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Thus, if <em>Alzania's neighbor exported half its production of cotton that year </em>the total production of cotton is greater of the neighbor than Alzania.

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