Let's say that I have a sampled signal x[n], it is being, in this exact order, up sampled by 2, down sampled by4, up sampled by 4 and down sampled by 2 to produce y[n].
It seems to me that it should be pretty self evident that since we up sampled the signal by 2 and down sampled it by 2, then up sampled it by 4 and down sampled by 4, I should just get the original x[n] back.
Am I right?
So the real question is, can the various up/down sampling pieces be readily swapped?