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mktrujillo mktrujillo
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A month ago
The following figure shows the net exports curve for a country:





Refer to the figure above. When the real exchange rate is below R*, ________.

▸ net exports are negative

▸ net exports can be positive or negative depending on the value of R*

▸ net exports are positive

▸ net exports are zero
Textbook 

Macroeconomics


Edition: 3rd
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angfuciousangfucious
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A month ago
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net exports are positive

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