Starting from your graphical results of Problem 7b, show graphically the effect on YE and on XM

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Starting from your graphical results of Problem 7b, show graphically the effect on YE and on X–M of a depreciation of the nation’s currency from a position of full employment and a trade deficit.
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International Economics

ISBN: 978-1119915737

11th edition

Authors: Dominick Salvatore

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