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Q. In the year 2000, Americans flocked to Paris. What economic forces made French goods seem so cheap to residents of the United States?
Answer: One main factor was a sharp fall in the dollar price of France's currency.
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Q . While selling exports it could also maximize its domestic sales by equating its marginal (opportunity) cost to its marginal revenue of $5. How much steel could the firm sell
critically examine the effects of tariffs on the level of employment and income distribution.
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Why would interest rate parity hold better than Purchasing power parity overtime?
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