Changes in the exchange rate do not have any appreciable effects on the production of nontradable goods.

Name: Changes in the exchange rate do not have any appreciable effects on the production of nontradable goods.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Changes in the exchange rate can affect the cost of imported inputs for nontradable goods and the purchasing power of consumers, indirectly influencing the production of nontradable goods.

Changes in the Exchange Rate Do Not Have Any Appreciable