Draw the demand and supply curves and provide brief explanations about the exchanger rate and the value of the domestic currency in each case. Note: you just need to state whether the dollar has appreciated or depreciated and whether the exchange rates (R) goes up or down) (after drawing the graphs).
6. Inflation in the U.S. edged up relative to the one in Japan;
7. Real GDP growth in Britain rose relative to the U.S. (assume that the two countries are important trading partners);
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