Why does the foreign exchange market move toward equilibrium when the foreign exchange rate for the dollar

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Why does the foreign exchange market move toward equilibrium when the foreign exchange rate for the dollar is either above or below its equilibrium value?

Analysis of Changes in Exchange Rates Aggregate Demand and Supply Analysis of Exchange Rate Effects

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Macroeconomics Policy And Practice

ISBN: 9781137393951

1st Edition

Authors: Frederic S. Mishkin

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Question Posted: Nov 11, 2024 06:00 AM

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Why does the foreign exchange market move toward equilibrium when the foreign exchange rate for the dollar

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Macroeconomics Policy And Practice

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