In the is-lm-bp floating exchange rate model a depreciation
In the IS-LM-BP floating exchange rate model, a depreciation of the dollar is supposed to correct/improve the US trade balance. Does a depreciation of the dollar lead to an improvement in the BoT deficit? Explain in detail.
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in the is-lm-bp floating exchange rate model a depreciation of the dollar is supposed to correctimprove the us trade
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