If Slovenia exports cloth, then if it increases its production of cloth due to economic growth biased toward cloth, this would O A) decrease its marginal propensity to consume. O B) have no effect on its terms of trade. C) improve its terms of trade. D) increase its exports. E) harm its terms of trade.

If Slovenia exports cloth, then if it increases its production of cloth due to economic growth biased toward cloth, this would O A) decrease its marginal propensity to consume. O B) have no effect on its terms of trade. C) improve its terms of trade. D) increase its exports. E) harm its terms of trade.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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