ilmscore | AP Macro FRQ #2 (Foreign Exchange & Balance of Payments) Predictions
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The second FRQ will focus on foreign exchange, requiring drawing the graph, explaining the effect of real interest rate changes, discussing how a higher real interest rate impacts the capital and financial account (surplus), and how currency appreciation affects net exports (decreases).
"I think Fe response number two is going to focus on Foreign Exchange so drawing the graph and explai..."
May 7, 2024
Pending