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What is pre-devaluation and post-devaluation trade balance

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Reference no: EM131676400

Question: Trade Deficits and J-Curve Adjustment Paths. Assume the United States has the following import/ export volumes and prices. It undertakes a major "devaluation" of the dollar, say 18% on average against all major trading partner currencies. What is the pre-devaluation and post-devaluation trade balance?

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Reference no: EM131676400

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