How is an open economy's aggregate demand curve derived under fixed exchange rates? Why is this more

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How is an open economy's aggregate demand curve derived under fixed exchange rates? Why is this more elastic than if the nation were a closed economy?

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International Economics

ISBN: 978-1118955765

12th edition

Authors: Dominick Salvatore

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Question Posted: Oct 27, 2017 09:37 AM

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How is an open economy's aggregate demand curve derived under fixed exchange rates? Why is this more

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Use diagram to show derivation of aggregate demand curve of an open economy under fixed exchange rat...View the full answer

International Economics

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