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Demonstrate What Would Happen to a Country's Trade Deficit If

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Demonstrate what would happen to a country's trade deficit if the value of a country's exchange rate fell.Assume the economy begins with LAS,SAS and WAS0. Demonstrate what would happen to a country's trade deficit if the value of a country's exchange rate fell.Assume the economy begins with LAS,SAS and WAS<sub>0</sub>.

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When the domestic exchange rate falls,th...

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