Imagine you are an advisor to your government and that your economy faces a problem of declining terms of trade for its exports. Discuss the possible policy changes for the economy and any other strategies you would recommend to avoid declining terms of trade in the future

Economics: Private and Public Choice (MindTap Course List)
16th Edition
ISBN:9781305506725
Author:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Publisher:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Chapter19: International Finance And The Foreign Exchange Market
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Imagine you are an advisor to your government and that your economy faces a problem of declining terms of trade for its exports. Discuss the possible policy changes for the economy and any other strategies you would recommend to avoid declining terms of trade in the future.

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