Suppose consumers across the world (including in the United States), driven by a wave of national pride,

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Suppose consumers across the world (including in the United States), driven by a wave of national pride, decided to buy home-produced products where possible.

How would demand and supply for dollars be affected? What can you say about the impact on the equilibrium dollar exchange rate?

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Money Banking And Financial Markets

ISBN: 9780073375908

3rd Edition

Authors: Stephen Cecchetti, Kermit Schoenholtz

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