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jkim3464 jkim3464
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A year ago
In which of the following situations might an undervalued exchange rate be beneficial for a country?

▸ Many people in the country borrow money from abroad.

▸ The country has a high rate of inflation.

▸ The country's economy is reliant on exports to other countries.

▸ The country's economy is reliant on imports from other countries.
Textbook 
Macroeconomics

Macroeconomics


Edition: 3rd
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GlitterBug11GlitterBug11
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A year ago
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jkim3464 Author
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A year ago
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Smart ... Thanks!
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