National Economic Policies and International Trade
Economics Revision Article Series
Authors
Net exports have a multiplier effect on output of a nation.
A policy of imposing trade barriers affects other countries.
Foreign exchange rates also have an effect on exports and imports. If a countries currency stengthens, its exports will fall and imports will increases.
In recent years, countries from time to time have attempted to coordinate theor macroeconomic policies to maximize the global output
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