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˹éÒ 13
Figure 1 Monthly Percentage Change of the Baht / US. I. INTRODUCTION he
1990s forced ... If the law of demand holds in this case , export volumes rose
while import volumes fell with respect to relative price changes . The trade
balance then ...
Figure 1 Monthly Percentage Change of the Baht / US. I. INTRODUCTION he
1990s forced ... If the law of demand holds in this case , export volumes rose
while import volumes fell with respect to relative price changes . The trade
balance then ...
˹éÒ 15
In formulating commercial policy or exchange rate policy , the responsiveness of
trade flows to relative price changes is an ... MLC represents the conditions under
which a change in the exchange rate of a country's currency leads to an ...
In formulating commercial policy or exchange rate policy , the responsiveness of
trade flows to relative price changes is an ... MLC represents the conditions under
which a change in the exchange rate of a country's currency leads to an ...
˹éÒ 21
... ( EPP / P , vd ) ( B1 ) The validity of MLC depends on the response of export
and import volume to real exchange rate changes . ... the current account if export
and import volumes were sufficiently elastic with respect to exchange rate
change .
... ( EPP / P , vd ) ( B1 ) The validity of MLC depends on the response of export
and import volume to real exchange rate changes . ... the current account if export
and import volumes were sufficiently elastic with respect to exchange rate
change .
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