The trade feedback effect includes all of the following steps ...

[dollx]

Question 1

Economic activity increases in Western Europe, and this causes economic activity to increase in the United States. This is an example of

◦ the price feedback effect.
◦ the trade feedback effect.
◦ the export feedback effect.
◦ the import feedback effect.

Question 2

The trade feedback effect includes all of the following steps 
except

◦ an increase in U.S. economic activity stimulates U.S. imports.
◦ an increase in foreign imports stimulates U.S. exports.
◦ an increase in U.S. exports stimulates U.S. economic activity.
◦ an increase in foreign income stimulates U.S. imports.

[manuelcastillo]

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[dollx]

Excellent

[xiaomengxian]

Thanks for the timely response, appreciate it