How inflation-productivity-income affect exchange rates


Question 1: When the U.S. imposes a tariff or quota on imports, who pays it? Who benefits from a tariff or quota?

Question 2: How do changes in interest rates, inflation, productivity, and income affect exchange rates? What do you see are the economic pros and cons of the North America countries including Canada and Mexico get from adopting a common currency?

Question 3: What is the global impact of the U.S. outsourcing to foreign countries?

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Microeconomics: How inflation-productivity-income affect exchange rates
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