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The exchange rate affects both exports and imports, but in opposite directions and its overall impact on the economy depends on the specific country and
The exchange rate affects both exports and imports, but in opposite directions and its overall impact on the economy depends on the specific country and time period under consideration. Discuss the impact of the recent fluctuations of the dollar exchange rate on the US economy at the sectoral and geographical level. Support your viewpoint with data, analyses and empirical evidence.
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