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

jkim3464

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

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: 3^rd

Authors: Acemoglu, Laibson, List

Read 57 times

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GlitterBug11

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