Business

Lana Lawrence

21 July, 04:03

With increasing tensions between the US and China, we've seen the US restrict imports from China, ranging from aluminum to cars. From the perspective of the US we'll see that the real exchange rate:

a. increases and NX remains unchanged

b. decreases and NX decreases

c. increases and NX decreases

d. increases and NX increases

e. decreases and NX remains unchanged

+4

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