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Essay's paper info
| Topic: |
Business
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| Number of pages / Number of words: |
7 / 1752 |
Essay's paper body
After a depreciation of the domestic currency, producers in the
home country will increase their output and lower their prices to sell the increased output.
Hence, value added prices for traded-goods are changing. With RERPVT being the
relation of value added prices of traded-goods of the home country and abroad (in common
currency terms), this ratio is falling...
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With RERPVT being the
relation of value added prices of traded-goods of the home country and abroad (in common
currency terms), this ratio is falling. Improved competitiveness now stems from the
fact that the relative profitability in the home country's traded-goods sector, expressed
by RERULC/RERPVT has improved...
Essay fragment
General points of the essay
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