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Politics : Ask Michael Burke

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To: Thomas M. who wrote (24395)10/30/1997 2:57:00 PM
From: Joss  Read Replies (1) of 132070
 
Hi Tom,

I doubt that after a fall in currency in say SEA, the ratios of goods imported to those exported will stay constant. If imports to the us go up due to cheaper prices, while exports are reduced due to higher "real" prices, the BOT could get worse.

Steve
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