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Other things the same, if the exchange rate changes from 2.1 Pound per dollar to 9.3 Pound per dollar, then dollar
appreciates, which causes AD to shift left.
Is US dollar stonger or weaker? What happens to net exports? Are they going up or down?
Other things the same, if the exchange rate changes from 7.8 Euros per dollar to 2.9 Euros per dollar, then the dollar
depreciates, which causes AD to shift right.
Is the US dollar stronger or weaker? What happens to net exports? Are they going up or down?
Other things the same, if the exchange rate changes from 3.1 Pound per dollar to 9.7 Pound per dollar, then as a result
AD shifts left.
Is the US dollar stronger or weaker? What happens to net exports? Are they going up or down?
Other things the same, if the exchange rate changes from 7.1 Krone per dollar to 1.9 Krone per dollar, then as a result
AD shifts right.
Is the US dollar stronger or weaker? What happens to net exports? Are they going up or down?
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