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INTERNATIONAL ECONOMIC Show graphically, explain how the following factors affect the Ringgit Malaysia (RM)'s exchange rate. (a) a rise in Malaysia price level with the
INTERNATIONAL ECONOMIC
Show graphically, explain how the following factors affect the Ringgit Malaysia (RM)'s exchange rate.
(a) a rise in Malaysia price level with the foreign price level held constant
(b) Malaysian government imposes a tariff to import
(c) rising productivity in Malaysia relative to foreign countries
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