Suppose russias gdp increases at a faster rate relative to
Suppose Russia's GDP increases at a faster rate relative to its trading partners over the course of the year. What will be the immediate impact on Russia's balance of trade?
increase
decrease
remain constant
cannot be determined
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suppose russias gdp increases at a faster rate relative to its trading partners over the course of the year what will
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we saw in class that since we are only interested in the ordering of bundles a positive monotonic transformation one
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