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Business, 14.04.2020 22:53 ellaemtagedeane

An elimination of tariffs on goods imported into Moldavia increases its budget deficit. Which of the following would definitely be a long run result of these changes to the Moldavian macroeconomy? I. The real interest rate in Moldavia rises. II. The real exchange rate in Moldavia rises. III. The level of net exports in Moldavia falls.

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An elimination of tariffs on goods imported into Moldavia increases its budget deficit. Which of the...

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