Changes in the value of a nation’s currency affect the nation’s net
exports, and thus GDP....
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Economics
Changes in the value of a nation’s currency affect the nation’s netexports, and thus GDP. How might this make a large country, likethe US, more willingly to adopt a flexible exchange rate regimethan a small country, like Belgium.
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GIVEN THAT FREE FLOATING EXCHANGE RATE Refers to the exchange rate where market runs according to demand and supply of currency and government dont intervene WHY US HAS
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