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Question 45 (1 point) In the usual Mundell-Fleming model, if a country has a floating exchange rate system, the removal of a quota on
Question 45 (1 point) In the usual Mundell-Fleming model, if a country has a floating exchange rate system, the removal of a quota on its imported goods will a) cause a fall in the output level but will have no effect on the exchange rate b) cause a fall in the exchange rate but will have no effect on the output level c) have no impact on either the exchange rate or the output level. d) cause a fall in both the output level and the exchange rate
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International Money and Finance
Authors: Michael Melvin, Stefan C. Norrbin
8th edition
978-8131234136, 123852471, 978-0123852472
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