4 Assume that all data in Question 2 are unchanged except the US GDP, QUS, which increases...

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4 Assume that all data in Question 2 are unchanged except the US GDP, QUS, which increases from $7,000 billion to $7,700 billion? What happens to the exchange rate, and how does this compare in magnitude to the change in US GDP?

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International Finance

ISBN: 9780070374812

4th Edition

Authors: Maurice D. Levi

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