How can one country maintain the balance of output and employment under the flexible exchange rate system? If an economy’s currency appreciated in the international market and the domestic spending...

How can one country maintain the balance of output and employment under the flexible exchange rate system? If an economy’s currency appreciated in the international market and the domestic spending reduced, what will happen to the employment and the current account balance? What would you suggest (towards the currency and the domestic spending) to maintain full employment level of output?