Under a flexible exchange rate regime, if a foreign trading partner goes into recession  a. the nominal exchange rate falls and the RER falls, increasing demand for tradeable goods, reducing the balance of trade and reducing demand for domestic goods and services b. the nominal exchange rate rises, which increases net exports and improves the trade balance c.the nominal exchange rate rises and the RER rises, improving the balance of trade and boosting demand for domestic goods and services d. None of the available answers are relevant

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