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Q 8 and Q9 also relate to Q4 to Q7 but now I give you some extra information. Suppose one year after devaluation, the spot

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Q 8 and Q9 also relate to Q4 to Q7 but now I give you some extra information. Suppose one year after devaluation, the spot exchange rate remains $/fc2.0 (this means USD 2.0=0 one fc); but the quantities of exports and imports change to the following Quantityofexports,unitsQuantityofimports,units130110 Q 8: What is the (absolute value of the) trade balance in USD a year after devaluation? Give the answer in a whole number of USD. This question relates to Q8. Is the trade balance a year after devaluation a surplus or deficit. surplus deficit Q 8 and Q9 also relate to Q4 to Q7 but now I give you some extra information. Suppose one year after devaluation, the spot exchange rate remains $/fc2.0 (this means USD 2.0=0 one fc); but the quantities of exports and imports change to the following Quantityofexports,unitsQuantityofimports,units130110 Q 8: What is the (absolute value of the) trade balance in USD a year after devaluation? Give the answer in a whole number of USD. This question relates to Q8. Is the trade balance a year after devaluation a surplus or deficit. surplus deficit

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