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Author Question: Canada is both an importer and an exporter of automobiles. If Canada exports more automobiles than ... (Read 92 times)

jojoperlo_

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on: Oct 12, 2022
Canada is both an importer and an exporter of automobiles. If Canada exports more automobiles than it imports, and the price of automobiles rises, then ceteris paribus, Canada's terms of trade will likely
◦ deteriorate because of the loss of exports that would result.
◦ improve because the index of export prices would rise and the index of import prices would fall.
◦ remain the same because the index of export prices would rise by the same amount as the index of import prices.
◦ deteriorate because the loss of exports would be more than offset by the gain in imports.
◦ improve because the index of export prices will rise more than the index of import prices.
Microeconomics ¦ Ragan ¦ 17th Edition
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Marked as best answer by jojoperlo_ on Oct 12, 2022

xinyiff

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Reply #1 on: Oct 12, 2022
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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jojoperlo_

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Reply 2 on: Oct 12, 2022
Great answer, keep it coming :)

helenmarkerine

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Reply 3 on: Yesterday
Excellent

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