Assignment 2: The Net Exports EffectThe net exports effect is the impact on a countrys total spending caused by an inverse relationship between the price level and the net exports of an economy. Using this principle discuss how the following economic variables change during an economic expansion:In your answer also discuss the case in the context of both a flexible exchange rate and a fixed exchange rate.BySunday September 8 2013 post your initial discussion response in theDiscussion Area. ByWednesday September 11 2013 read all of the other students postings and post comments in theDiscussion Areaon at least two other responses.For assistance with any problems you may have when completing this assignmentORto offer your assistance to classmates please use theProblems and Solutions Discussionarea located through the left side navigation link