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What determines the volume of a nations exports and imports

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Reference no: EM131761469

Discussion

Q1: What determines the volume of a nation's exports and imports? Explain in detail.

Q2: The economy is experiencing a recession. The head economist for the president is a student of economic history and his economic philosophy tends to follow the modern consensus of what we have learned about the business cycle. What would this economist recommend or not recommend? Explain in detail.

Reference no: EM131761469

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