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Consider two large open economies - U.S. and Europe. If expansionary fiscal policy is adopted in Europe: Select one: A. the real exchange rate falls

Consider two large open economies - U.S. and Europe. If expansionary fiscal policy is adopted in Europe: Select one: A. the real exchange rate falls and net exports rise in the U.S. B. the real exchange rate and net exports fall in the U.S. C. the real exchange rate rises and net exports fall in the U.S. D. the real exchange rate and net exports rise in the U.S

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