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    Applied International Economics
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    Exam 17: Macroeconomic Policy and Floating Exchange Rates
  5. Question
    When the Exchange Rate Changes, the Price of Imports and the Price
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When the Exchange Rate Changes, the Price of Imports and the Price

Question 72

Question 72

True/False

When the exchange rate changes, the price of imports and the price of exports immediately change to reflect the new exchange rate.

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