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Your uncle is very pleased with your discussions and wants to know your perspective on the trade wars that occurred in the past few years.
Your uncle is very pleased with your discussions and wants to know your perspective on the trade wars that occurred in the past few years. Proponents of tariffs argue that these help improve the U.S. trade position and lower its trade deficit. Using the model demonstrating the relationship between net exports and the real exchange rate, explain how net exports may not be affected by the imposed tariffs. Make sure that to use both words and figures to explain your logic
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