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Chako Chako
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8 years ago
How does an increase in the real exchange rate affect exports and imports?
A) Exports increase; imports change ambiguously.
B) Exports decrease; imports increase.
C) Exports increase; imports decrease.
D) Exports change ambiguously; imports decrease.
E) Exports increase; imports are constant.
Textbook 
International Economics: Theory and Policy

International Economics: Theory and Policy


Edition: 10th
Author:
Read 145 times
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machukianmachukian
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#1
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8 years ago
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Chako Author
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#2
8 years ago
Correct!
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#3
7 years ago
Don't forget to vote my answer as best Nerd Face
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