A small open economy with a floating exchange rate is initially in equilibrium at A with IS1*. Holding all else constant, if domestic consumers develop greater preferences for imported goods, then the curve will shift to .

After jeff bezos read about how the internet was growing by 2,000 percent a month, he set out to use the internet as a new distribution channel and founded amazon, which is now the world's largest online retailer. this is clearly an example of a(n)a. firm that uses closed innovation. b. entrepreneur who commercialized invention into an innovation. c. business that entered the industry during its maturity stage. d. exception to the long tail business model