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1).A reduction on the real exchange rate will: A.Increase the production of non-tradables and reduce the consumption of tradables B.decrease the relative price of non-tradable
1).A reduction on the real exchange rate will:
A.Increase the production of non-tradables and reduce the consumption of tradables
B.decrease the relative price of non-tradable goods
C. none of the available answers are relevant
D. Increase the relative price of tradeable goods
E. Increase the production of non-tradables and reduce the consumption of non-tradeables
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