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If the exchange rate between U.S. dollars and South African rand changed from 15 rand per dollar to 17 rand per dollar, and imports to
If the exchange rate between U.S. dollars and South African rand changed from 15 rand per dollar to 17 rand per dollar, and imports to the United States also changed, what event could have occurred if we know that supply has shifted? Trade barriers protecting U.S. producers were imposed. U.S. GDP increased. U.S. prices increased. South African prices decreased
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