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jonaschem16 jonaschem16
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A year ago
Everything else being equal, when the domestic currency depreciates against a foreign currency, ________.

▸ there is no change in the nominal exchange rate

▸ there is no change in the real exchange rate

▸ the nominal exchange rate goes down

▸ the nominal exchange rate goes up
Textbook 
Macroeconomics

Macroeconomics


Edition: 3rd
Authors:
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cheesoslimocheesoslimo
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A year ago
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