Suppose that, driven by waves of national pride, consumers across the world (including in the United States),

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Suppose that, driven by waves of national pride, consumers across the world (including in the United States), decide to buy home-produced products where possible. Explain how the demand and supply for dollars would be affected? What can you say about the impact on the equilibrium dollar exchange rate? 

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Money Banking and Financial Markets

ISBN: 978-1259746741

5th edition

Authors: Stephen Cecchetti, Kermit Schoenholtz

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