3. In the MundellFleming model with a floating exchange rate, if a country restricts imports, the value

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3. In the Mundell–Fleming model with a floating exchange rate, if a country restricts imports, the value of its currency will , while its net exports will .

a. rise, fall

b. rise, remain unchanged

c. fall, rise

d. fall, remain unchanged

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Macroeconomics

ISBN: 9781319263904

11th Edition

Authors: N. Gregory Mankiw

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