Melanie’s country has recently gone through a change in governance. The new government has enacted policies to reduce barriers to international trade, which will boost its economy. What type of trade policies has Melanie’s country adopted? Melanie’s country has adopted policies by reducing international trade barriers.

When a shortage or a surplus arises in the loanable funds market a. the supply of loanable funds changes to return the economy to its original real interest rate b. the nominal interest rate is pulled to the new equilibrium level c. the demand for loanable funds changes to return the economy to its original real interest rate d. the real interest rate is pulled to the new equilibrium level