The value of foreign trade multiplier will be high under the condition when
A. marginal propensity to save is high
B. marginal propensity to import is high
C. there is increase in exports
D. marginal propensity to consume domestic goods is high
Answer:C
The value of foreign trade multiplier will be high under the condition when
A. marginal propensity to save is high B. marginal propensity to import is high C. there is increase in exports D. marginal propensity to consume domestic goods is high