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Homework answers / question archive / The appreciation of the currency generates a decrease in the real exchange rate, which translates into an increase in exports and a decrease in imports, which means an increase in the country's economic activity
The appreciation of the currency generates a decrease in the real exchange rate, which translates into an increase in exports and a decrease in imports, which means an increase in the country's economic activity. Comment and graph (Foreign Trade Models and IS-LM)
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