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Please help me with If there are any Regional Spillovers in South America, for example - the effect of the depreciation of Brazilian currency on

Please help me with If there are any Regional Spillovers in South America, for example - the effect of the depreciation of Brazilian currency on other countries in South America.(this is just an example, there can be other macroeconomic factors as well).

Kindly explain in detail with any real-life situation discussing the impact of these regional spillovers.

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