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2. Consider the model of relative demand and relative supply to determine the real exchange rate q. In cases below, answer which curve would shift

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2. Consider the model of relative demand and relative supply to determine the real exchange rate q. In cases below, answer which curve would shift to which direction. 2.a. The supply of foreign output increased. Curve! RD or RS Direction! Left or Right 2.b. The demand for foreign output increased. Curve: RD or RS Direction: Left or Right

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