Exam (elaborations)
GEB 3373 Exam #2, All Questions with accurate answers. Rated A. 2022/2023
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Trade is _____ a zero sum game - not Is trade voluntary? - yes What is the direct effect exports and imports have on nationl economies? - Direct effect: affects the GDP exports directly add to the GDP imports directly reduce GDP GDP Formula - Y = C + I + G + NX NX = Exports - Impor...
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