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Macroeconomics 11th Edition by Michael Parkin
Edition 11ISBN: 9780133423884Macroeconomics 11th Edition by Michael Parkin
Edition 11ISBN: 9780133423884 Exercise 20
Use the following data to work Problem. In June 2011, the exchange rate was 0.69 euros per U.S. dollar. In June 2012, the exchange rate was 0.79 euros per U.S. dollar.
Explain the exports effect of this change in the exchange rate.
Explain the exports effect of this change in the exchange rate.
Explanation
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Appreciation of the U.S. dollar value:
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Macroeconomics 11th Edition by Michael Parkin
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