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RDP 9601: Why Does the Australian Dollar Move so Closely with the Terms of Trade?
Equation (9)
q
t
+
k
−
q
t
=
α
+
β
E
t
x
(
q
t
+
k
−
q
t
)
+
ε
t
+
k
,
t
,
x
=
A
,
B
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