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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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4.4 Ratings (557 Votes)
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    See Answer
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