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On March 29, 2024, the exchange rate between the U.S. dollar (USD) and the New Zealand Dollar (NZD) was $1.00 USD = 1.68 AUD. Assume
On March 29, 2024, the exchange rate between the U.S. dollar (USD) and the New Zealand Dollar (NZD) was $1.00 USD = 1.68 AUD. Assume that on 07/01/2024 $1.00 USD = 1.74 NZD. Over this period of time, the U.S. dollar will have _______, and we would expect the net exports of the U.S. with New Zealand to _______. appreciated, decrease depreciated, increase depreciated, decrease appreciated, increase
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Macroeconomics Principles And Policy
Authors: William J. Baumol, Alan S. Blinder
11th Edition
0324586213, 978-0324586213
