In the year 2019,Country A's real effective exchange rate (REER) showed depreciation over the year 2012 value
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Question:
In the year 2019, Country B's real effective exchange rate (REER) showed an appreciation over the year 2012 value, while the NEER showed depreciation.
Refer to the above information, the overall export competitiveness of Country A improves over Country B over the period of 2012 -2019?
Related Book For
International Economics Theory and Policy
ISBN: 978-0273754206
9th Edition
Authors: Paul R. Krugman, Maurice Obstfeld, Marc J. Melitz
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