What are the economic effects of a depreciation of the dollar on foreign exchange markets?

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Macroeconomics

ISBN: 978-0321675606

6th Canadian Edition

Authors: Andrew B. Abel, Ben S. Bernanke, Dean Croushore, Ronald D. Kneebone

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Question Posted: Nov 24, 2017 10:40 AM

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What are the economic effects of a depreciation of the dollar on foreign exchange markets?

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Depreciation means that it takes more dollars to buy foreign currencies This means that foreig...View the full answer

Macroeconomics

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