Solved: Effects of an appreciating-depreciating exchange rate, Microeconomics

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Effects of an appreciating-depreciating exchange rate

Problem 1: How would international trade function if there were no foreign exchange markets?

Problem 2: If only spot markets existed, how would international trade function?

Problem 3: Who are the major participants in the foreign exchange market?

Problem 4: What are the effects of an appreciating/depreciating exchange rate on the balance of payments?

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Microeconomics: Effects of an appreciating-depreciating exchange rate

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