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Refer to the graph below. Suppose that the world supply curve is above swo- What is the balance of trade at a world supply

Refer to the graph below. Suppose that the world supply curve is above swo- What is the balance of trade at a world supply curve that is above Swo and what is likely to happen to the value of the currency? Price Po P Q 8 Qo Domestic supply of goods Q Swo Swi Domestic demand of goods

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