Question: What might explain an increase in the volume of a country's imports?
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a.a recession in the country
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b.a rise in the country's rate of income tax
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c.an appreciation of the country's exchange rate
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d.an increase in the country's tariffs
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e.none of them
Answer: c
 a recession in the country b) a rise in the country's rate of income tax c) an appreciation of the country's exchange rate d) an increase in the country's tariffs e) none of them Ans. c) an appreciation of the country's exchange rate
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