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This relates to question 1 on page 230. As a result of a 20% devaluation of the US dollar, the domestic sales of a US
This relates to question 1 on page 230. As a result of a 20% devaluation of the US dollar, the domestic sales of a US manufacturing firm will: probably be unaffected probably decrease because the dollar depreciation will make imports cheaper probably increase because the dollar depreciation will make imports more expensive. probably increase because the dollar depreciation will cause an economic recession
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