Predict the subsequent effect on the bgs in the us and eu


Problem

Suppose the EU launches a number of communications satellites improving their telecommunications industry relative to the US. Given that the US exports telecommunications services, diagram what happens in the FX market. Predict the subsequent effect on the BGS in the US and the EU.

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.

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International Economics: Predict the subsequent effect on the bgs in the us and eu
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