Prices in the mixed economies


Problem: If American prices drift upward somewhat more rapidly than prices in the other mixed economies, the probable result will be:

1) exchange controls.

2) tariffs or quotas.

3) value-added subsidies to exports.

4) gradual overvaluation of the dollar.

5) a trend toward gradual depreciation of the dollar.

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Macroeconomics: Prices in the mixed economies
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