Why is more elastic than if the nation were a closed economy, International Economics

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Why is more elastic than if the nation were a closed economy

Problem

How is an open economy's aggregate demand curve derived under flexible exchange rates? Why is this more elastic than if the nation were a closed economy or for an open economy with fixed exchange rates?

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.

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International Economics: Why is more elastic than if the nation were a closed economy

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International Economics: Why is more elastic than if the nation were a closed economy

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