The US economy, which relies heavily on international trade to obtain raw materials and to sell products, is in equilibrium at point X. If the value of the US$ falls, what would be the new equilibrium point? [Figure 24.1] A A B B C C D D
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Mark scheme
Marking points from the official mark scheme (May/June 2018). The mark or mark type is shown in brackets.
- [1] B
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