Examlex
All other things equal, a depreciation of the U.S. real exchange rate causes:
Deadweight Loss
Deadweight loss represents the efficiency lost to an economy because of market inefficiencies or interventions, where resources are not allocated optimally.
Consumer Surplus
The misalignment between the price consumers are willing to allocate for a good or service and the price they actually allocate.
Producer Surplus
The difference between what producers are willing to sell a good for and the actual market price they receive, representing the profit producers make.
Tax
A compulsory charge by the government on individuals or entities' income, property, or goods, used to fund public services and government obligations.
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