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Oceania's economy is 50% tradables and 50% non-tradables, as is the economy of its trading partner. It is 2% more productive in tradables than its

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Oceania's economy is 50% tradables and 50% non-tradables, as is the economy of its trading partner. It is 2% more productive in tradables than its trading partner. What Does Balassa-Samuelson predict about Oceania's Real Exchange Rate (expressed as number of Oceanian units to buy one foreign)

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