A drop in the foreign demand for our exports has a larger effect on our domestic product

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“A drop in the foreign demand for our exports has a larger effect on our domestic product and income under floating exchange rates than it would under fixed exchange rates.”

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International Economics

ISBN: 9780078021770

16th Edition

Authors: Thomas Pugel

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Question Posted: Mar 23, 2024 10:00 AM

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A drop in the foreign demand for our exports has a larger effect on our domestic product

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Disagree Under floating exchange rates the decrease in our exports reduces demand for o...View the full answer

International Economics

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