Which of the following is a shift in a country’s exports or imports that arises from causes other than changes in the real income of the country?
A. a domestic monetary shock
B. a domestic spending shock
C. an international capital-flow shock
D. an international trade shock
Answer:D
Which of the following is a shift in a country’s exports or imports that arises from causes other than changes in the real income of the country?
A. a domestic monetary shock B. a domestic spending shock C. an international capital-flow shock D. an international trade shock