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    International Economics Study Set 12
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    Exam 13: Mechanisms of International Adjustment
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    The Monetary Approach Emphasizes the Effects of Currency Depreciation on the Purchasing
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The Monetary Approach Emphasizes the Effects of Currency Depreciation on the Purchasing

Question 95

Question 95

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The monetary approach emphasizes the effects of currency depreciation on the purchasing power of money, and the resulting impact on domestic expenditure levels.

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