Will a flexible exchange rate bring the imports of goods and services into balance with the exports

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Will a flexible exchange rate bring the imports of goods and services into balance with the exports of goods and services? Why or why not?

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Macroeconomics Private And Public Choice

ISBN: 9780357134009

17th Edition

Authors: James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson

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Question Posted: Oct 08, 2023 01:19 AM

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Will a flexible exchange rate bring the imports of goods and services into balance with the exports

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A flexible exchange rate system alone does not guarantee that the imports of goods and services will automatically come into balance with the exports ...View the full answer

Macroeconomics Private And Public Choice

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