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16 May 2018
1. For this question, assume that the Marshall-Lerner condition does NOT hold. An increase in the real exchange rate will tend to cause which of the following to occur?
Answer: an increase in NX and an increase in Y
Why is this answer correct (further explanation)?
1. For this question, assume that the Marshall-Lerner condition does NOT hold. An increase in the real exchange rate will tend to cause which of the following to occur?
Answer: an increase in NX and an increase in Y
Why is this answer correct (further explanation)?
1
answer
0
watching
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Irving HeathcoteLv2
18 May 2018