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(Solved): Tat there is a rise in the income of the consumers in the Euro Area, then how do vou think thiswill ...
Tat there is a rise in the income of the consumers in the Euro Area, then how do vou think this
will affect,
a) Euro/dollar exchange rate
) Dolar/euro exchange rate,
Sketch graph to answer under the conditions of floating exchange rate
Now answer the followings under the conditions of fixed exchange rate regime by
sketching graphs
Euro/dollar exchange rate
Dollar/euro exchange rate
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