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The following figure shows the net exports curve for a country: Refer to the figure above. When the ...
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The following figure shows the net exports curve for a country: Refer to the figure above. When the ...
The following figure shows the net exports curve for a country:
Refer to the figure above. When the real exchange rate is above
R
*, ________.
▸ net exports can be positive or negative depending on the value of
R
*
▸ net exports are positive
▸ net exports are negative
▸ net exports are zero
Textbook
Macroeconomics
Edition:
3
rd
Authors:
Acemoglu, Laibson, List
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net exports are negative
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