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1.Suppose the US Dollar appreciates in its value against the Euro. (a) If you were exporting US made products to Europe, what would happen to
1.Suppose the US Dollar appreciates in its value against the Euro.
(a) If you were exporting US made products to Europe, what would happen to the prices of your exports? Explain briefly (5 points)
(b) If you were importing to the US products made in Europe, what would happen to the prices of your imports? Explain briefly (5 points)
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