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[Salinan]Disalin!
The NFI function has already been developed. To complete the diagram for theMundell-Fleming model, we need to add a function for net exports (NX). Since anincrease in the value of the exchange rate boosts imports and reduces exports, NXis negatively related to the exchange rate. When domestic income rises, importsrise faster than exports, so the NX curve shifts in. Similarly, a decline in domesticincome shifts the NX curve out.
Sedang diterjemahkan, harap tunggu..
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