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Answer to Question #14288 in Macroeconomics for Nita

Question #14288
1. Explain with the aid of a diagram the impact of imposition of a specific import tariff on domestic production and imports.
2. Explain with the aid of a diagram the impact of changes in demand or supply of US dollar on the South African forex market.
3. Explain the appreciation and depreciation of the South African Rand agsinst the US Dollar.
4. Explain the exchange rate between the US Dollar and South African Rand.
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