Problem
Continuing with the preceding problem, discuss how the transfer would affect the long-run nominal exchange rate between the Iwo currencies? A country imposes a tariff on imports from abroad. How does its action change the long-run real exchange rate between home and foreign currency? How is the long-run nominal exchange rate affected?
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.