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For a country with a floating exchange rate and, initially, an overall payments balance of zero, if the country implements expansionary monetary policy, the LM curve will shift to the _____ which will lead to the country's currency to __________.
International Contract
An agreement between parties from different countries, often subject to international law or treaties.
Appellate Court
A higher court that reviews the decisions of lower courts to ensure the law was applied correctly.
Trial Court's Finding
The outcome or decision of a case determined by the trial court after examining the evidence presented.
Clearly Erroneous
A standard for review indicating that a decision was obviously incorrect or mistaken, often used in legal contexts.
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