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Python3: 150 bytes

f=lambda l: ''.join('+-'[a<0]+str(a)[a<0:5*((abs(a)!=1)|(1>i))]+'x^'[:i]+str(i)[:i-1] for i,a in zip(range(len(l)-1,-1,-1),l) if a).lstrip('+') or '0' 

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