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Draw impact on domestic price level, GDP, interest rate, exchange rate, and current account balance of: 1. Expansionary fiscal policy in foreign country. 2. Contractionary

Draw impact on domestic price level, GDP, interest rate, exchange rate, and current account balance of: 1. Expansionary fiscal policy in foreign country. 2. Contractionary monetary policy in foreign country. 3. Change in domestic consumer preferences towards local production (decreases imports without changing consumption).

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