Bariev's model for correlated hopping in one dimension is integrable and soluble within the framework of two nested Bethe Ansätze. For repulsive interaction and finite magnetization the low energy excitation spectrum is a two-component Luttinger liquid with conformal charges c=1. In zero magnetic field the spectrum of spin excitations is gapped. For higher energy excitations the single-hole (single-particle) spectral functions display edge singularities that deviate from those expected from a Luttinger liquid. The system can be described as a mobile impurity coupled to the Luttinger liquid yielding an effective x-ray edge type model. Using the Bethe Ansatz solution for repulsive interaction we obtain expressions for the critical exponents for the single-particle and single-hole Green's functions in zero magnetic field.