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In June 2011, the exchange rate was 0.69 euros per U. S. dollar. In June 2012, the exchange rate was 0.79 euros per U. S. dollar.
Explain the exports effect of this change in the exchange rate.
Explain the imports effect of this change in the exchange rate.

Microeconomics, Economics

  • Category:- Microeconomics
  • Reference No.:- M91179531

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