Question 1
Economic activity increases in Central Asia, and this causes economic activity to increase in Eastern Europe. This is an example of
◦ the import feedback effect.
◦ the export feedback effect.
◦ the trade feedback effect.
◦ the price feedback effect.
Question 2
The trade feedback effect includes which of the following steps?
◦ an increase in U.S. exports stimulates U.S. economic activity
◦ an increase in foreign imports stimulates U.S. exports
◦ an increase in U.S. economic activity stimulates U.S. imports
◦ All of these