Assume that economic growth is slower in the United States than in its trading partners. Given a system of floating exchange rates, will the impact of this growth differential be for the United States with respect to exports and the value of the dollar? Explain.© BrainMass Inc. brainmass.com October 9, 2019, 5:30 pm ad1c9bdddf
The partner countries are growing at a much faster rate that means the aggregate demand in those countries is higher. Due to high demand ...
Increased exports are contextualized.