Question: Question 4 (15%) a) Summarize all the effects you would expect from a currency depreciation (a list with variables and directions is enough, and do

Question 4 (15%) a) Summarize all the effects you would expect from a currency depreciation (a list with variables and directions is enough, and do it according to what we discussed in class). b) Read the following article and summarize why some of these effects do not happen in reality. . Slow rockets and fast feathers: Why exports fall fast but increase slowly after exchange rate changes: https://blogs.worldbank.org/trade/slow-rockets-and-fast-feathers-why-exports-fall-fast-increa se-slowly-after-exchange-rate

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