Suppose the U.S. discovers a new technology that will improve its exports. Therefore, there are rumors that this technology will bring the U.S. trade balance from trade deficits to expected long-term...


Suppose the U.S. discovers a new technology that will improve its exports. Therefore, there are rumors that this technology will bring the U.S. trade balance from trade deficits to expected long-term surpluses. What would happen to the exchange rate value of the U.S. dollar from this news? Do you anticipate any difference in the dollar values between short run and long run?



May 26, 2022
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