In a critical essay:
* evaluate the three major approaches to analyzing the economic impact of currency depreciation: the elasticities approach, the absorption approach, and the monetary approach.
* Compare and contrast the three approaches and provide examples which distinguish them from each other.
Directions:

Your essay is required to be six pages in length, which does not include the title page and reference pages, which are never a part of the content minimum requirements.

Support your submission with course material concepts, principles, and theories from the textbook and at least three scholarly, peer-reviewed journal articles. Use the Saudi Digital Library to find your resources.

Use Saudi Electronic University academic writing standards and follow APA style guidelines.

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