11. Explain how the nominal euro/RMB exchange rate would be affected (all else equal) by permanent changes
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11. Explain how the nominal euro/RMB exchange rate would be affected (all else equal) by permanent changes in the expected rate of real appreciation of the RMB against the euro.
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Related Book For
International Finance Theory And Policy
ISBN: 9781292238739
11th Global Edition
Authors: Paul R. Krugman, Maurice Obstfeld, Marc Melitz
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