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A fiscal expansion under flexible exchange rates will a. appreciate the domestic exchange rate and increase the trade balance b. appreciate the domestic exchange rate
A fiscal expansion under flexible exchange rates will
a. | appreciate the domestic exchange rate and increase the trade balance | |
b. | appreciate the domestic exchange rate and decrease the trade balance | |
c. | depreciate the domestic exchange rate and increace the trade balance | |
d. | depreciate the domestic exchange rate and decrease the trade balance |
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