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    Principles of Macroeconomics
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    Exam 13: A Macroeconomic Theory of the Small 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 123

Question 123

Essay

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

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When the Canadian real exchange rate app...

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