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Macroeconomics 12th Edition by Rudiger Dornbusch ,Stanley Fischer,Richard Startz
Edition 12ISBN: 978-1259070969Macroeconomics 12th Edition by Rudiger Dornbusch ,Stanley Fischer,Richard Startz
Edition 12ISBN: 978-1259070969 Exercise 14
What are the short- and long-term volume effects of an exchange depreciation Does empirical evidence suggest that they are of sufficient size to outweigh price effects and therefore improve the trade balance
Explanation
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When the relative price of domestic impo...
Macroeconomics 12th Edition by Rudiger Dornbusch ,Stanley Fischer,Richard Startz
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