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    Principles of Economics Study Set 8
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    Exam 32: A Macroeconomic Theory of the Open Economy
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    Explain How the Relation Between the Real Exchange Rate and Net
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Explain How the Relation Between the Real Exchange Rate and Net

Question 35

Question 35

Essay

Explain how the relation between the real exchange rate and net exports explains the downward slope of the demand for foreign-currency exchange curve.

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When the domestic real exchange rate app...

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