请对照课本查看“粘性价格货币分析模型”

Hello 亚当斯你,

how about thinking this way,
excess local currency supply will lead reduced exchange rate, meaning lower currency price.
Although the product price (direct material price + direct labor + overhead) keeps steady, its exchange value in the global market will be lower than before. This means local product is more competitive. Net export should increase.

Of course, if the supply beyond an appropriate level, the situation will out of control. That's not our topic today. Thanks.

弱弱的问下，哪本书，具体点，我用的就是宏微观，金融，别的没看

大神，容我先翻译翻译，汗～

能告诉我是哪本书吗