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Assume there are only two countries: Alan's and Barry's. Alan's country has a stronger currency than Barry's country does. Alan's country imports more goods from
Assume there are only two countries: Alan's and Barry's. Alan's country has a stronger currency than Barry's country does. Alan's country imports more goods from Barry's country than it exports to Barry's country. Thus, Barry's country exports more than it imports. Which trade situation would occur in Alan's country? Which trade situation would occur in Barry's country? Alan's country would have a , and Barry's country would have a
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