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Relative Prices and Exchange Rates in the course book (in chapter 8). Now, consider this statement: A rise in the prices of a countries goods
Relative Prices and Exchange Rates in the course book (in chapter 8). Now, consider this statement: "A rise in the prices of a countries goods will lead to a reduction in that country's net exports."Using the USA and China as examples, analyze the statement by providing a thorough economic analysis.
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