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Roar Roar
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7 years ago
Suppose a country is perceived to have an overvalued real exchange rate does not devalue. Which of the following would we expect to occur over time?
A) a reduction in its price level
B) a real depreciation of its currency
C) a reduction in its trade surplus
D) all of the above
E) none of the above
Textbook 
Macroeconomics

Macroeconomics


Edition: 6th
Authors:
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vonCOLLINZOvonCOLLINZO
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7 years ago
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Roar Author
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7 years ago
Brilliant ツ
mikeh209
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Yesterday
You make an excellent tutor!
sadiewolf
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2 hours ago
Thanks
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