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Author Question: Refer to Figure 19-6.Which of the following would cause the change depicted in the figure above? (Read 529 times)

sarasara

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Figure 19-6










Refer to Figure 19-6.  Which of the following would cause the change depicted in the figure above?


◦ An increase in investment in infrastructure causes U.S. productivity to rise relative to Mexican productivity.
◦ A declining preference for Kentucky bourbon causes Mexican consumers to decrease their preferences for U.S.-produced alcohol relative to Mexican-produced alcohol.
◦ Dumping accusations result in the United States placing tariffs on produce imported from Mexico.
◦ A contractionary monetary policy causes a decrease in the price level of U.S. goods relative to Mexican goods.


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Marked as best answer by sarasara on Mar 16, 2019

cuttiesgirl16

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