Who gains and who loses when an economy opens for trade


Discussion 1

Respond to the following in a minimum of 175 words:

• Discuss who gains and who loses when an economy opens for trade.
• Explain what determines exchange rates in the short and long run.

Text Book: Principles of Economics By Robert Frank, 7TH EDITION.

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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Microeconomics: Who gains and who loses when an economy opens for trade
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