In the open economy changes in (a) prosperity abroad, (b) tariffs, and (c) exchange rates can affect
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In the open economy changes in
(a) prosperity abroad,
(b) tariffs, and
(c) exchange rates can affect U.S. net exports and therefore U.S. aggregate expenditures and equilibrium GDP.
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Related Book For
Economics Principles Problems And Policies
ISBN: 9780073511443
19th Edition
Authors: Campbell Mcconnell ,Stanley Brue ,Sean Flynn
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