Suppose the U.S. Congress declares China to be a currency manipulator and therefore legislates a tariff on

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Suppose the U.S. Congress declares China to be a “currency manipulator” and therefore legislates a tariff on Chinese goods.

Considering only the decrease in imports,

a) comment on the effect of such a measure on the IS curve.

b) show your answer graphically.

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Macroeconomics Policy And Practice

ISBN: 978-0133424317

2nd Edition

Authors: Frederic Mishkin

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Question Posted: Feb 20, 2024 04:00 AM

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Suppose the U.S. Congress declares China to be a currency manipulator and therefore legislates a tariff on

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Macroeconomics Policy And Practice

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