In a small open economy with flexible exchange rates and perfectly flexible prices, how does an increase

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In a small open economy with flexible exchange rates and perfectly flexible prices, how does an increase in import tariffs affect net exports and the volume of trade?

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Macroeconomics

ISBN: 978-0321675606

6th Canadian Edition

Authors: Andrew B. Abel, Ben S. Bernanke, Dean Croushore, Ronald D. Kneebone

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Posted Date: Mar 06, 2024 04:28 AM

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In a small open economy with flexible exchange rates and perfectly flexible prices, how does an increase

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Macroeconomics

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