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1.1. Explain why a decline in a countrys exchange rate will generally increase the demand for its goods and reduce its demand for foreign goods.
1.1. Explain why a decline in a countrys exchange rate will generally increase the demand for its goods and reduce its demand for foreign goods.
1.2 Increased U.S. inflation, relative to other trading partner nations, should have what impact on the value of the U.S. dollar? Explain thoroughly.
1..3 Explain financial intermediation and its benefits.
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