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Question: Based on the discussion we had in class about the Egyptian BOP, and the Egyptian BOP data given above, analyze and explain carefully how

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Question: Based on the discussion we had in class about the Egyptian BOP, and the Egyptian BOP data given above, analyze and explain carefully how the Egyptian pound (EGP) foreign exchange rate influences (and maybe is influenced by too!) the sub-accounts of the balance of payments. Based on your answer, identify the "J-curve adjustment path" for the Egyptian economy. Illustrate how the J-curve notion relates to "Marshall-Lerner Condition"

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