Why might it be argued that recent changes in international prices of food and energy have had

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Why might it be argued that recent changes in international prices of food and energy have had a smaller impact on the U.S. economy than would have been the case under the pre-1973 pegged-rate system?

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International Economics

ISBN: 9780078021671

8th Edition

Authors: Dennis Appleyard, Alfred Field

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Question Posted: Dec 02, 2015 04:32 AM

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Why might it be argued that recent changes in international prices of food and energy have had

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Under a flexiblerate system the foreign price increases in petroleum and food would stimulate US e...View the full answer

International Economics

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