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Consider an economy where the current account is negatively affected by a depreciation in the real exchange rate in the short run. Explain the effects
Consider an economy where the current account is negatively affected by a depreciation in the real exchange rate in the short run. Explain the effects of a monetary expansion in this economy by comparing it to the baseline case where the current account is negatively affected by a depreciation in the real exchange rate in the short run. ( better if there is graphical analysis). Thankyouu
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