Discussion 1
Respond to the following in a minimum of 175 words:
• Discuss who gains and who loses when an economy opens for trade.
• Explain what determines exchange rates in the short and long run.
Text Book: Principles of Economics By Robert Frank, 7TH EDITION.
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.