Suppose that a steel workers union encourages economic actors to buy only European steel. What would this

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Suppose that a steel workers’ union encourages economic actors to buy only European steel. What would this policy do to the European overall trade balance and the real exchange rate? What is the impact on the European steel industry? What is the impact on the European textile industry?

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Economics

ISBN: 9781473768543

5th Edition

Authors: Gregory Mankiw, Mark P. Taylor

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