What does this graph show and what is the relationship between real exchange rate and net exports?

Brief Principles of Macroeconomics (MindTap Course List)
8th Edition
ISBN:9781337091985
Author:N. Gregory Mankiw
Publisher:N. Gregory Mankiw
Chapter13: Open-economy Macroeconomics: Basic Concepts
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What does this graph show and what is the relationship between real exchange rate and net exports?

-Real Exchange Rate
-Net Exports
Quarterly Time Period
úŃ
2000Q1
2000Q3
2001Q1
2001Q3
2002Q1
2002Q3
2003Q1
2003Q3
2004Q1
2004Q3
2005Q1
2005Q3
2006Q1
2006Q3
2007Q1
2007Q3
2008Q1
2008Q3
200901
200903
201001
201003
2011Q1
201103
201201
201203
201301
201303
2014Q1
201403
2015Q1
2015 Q3
2016Q1
2016Q3
2017Q1
201703
201801
201803
2019Q1
201903
202001
202003
2021Q1
202103
2022Q1
GBP/EUR
51
France's Real Exchange Rate and Net Exports
Transcribed Image Text:-Real Exchange Rate -Net Exports Quarterly Time Period úŃ 2000Q1 2000Q3 2001Q1 2001Q3 2002Q1 2002Q3 2003Q1 2003Q3 2004Q1 2004Q3 2005Q1 2005Q3 2006Q1 2006Q3 2007Q1 2007Q3 2008Q1 2008Q3 200901 200903 201001 201003 2011Q1 201103 201201 201203 201301 201303 2014Q1 201403 2015Q1 2015 Q3 2016Q1 2016Q3 2017Q1 201703 201801 201803 2019Q1 201903 202001 202003 2021Q1 202103 2022Q1 GBP/EUR 51 France's Real Exchange Rate and Net Exports
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