QUESTION 2 a. It is sometimes suggested that a floating exchange rate will adjust to reduce or eliminate any current acc
Posted: Thu May 19, 2022 7:13 am
QUESTION 2 a. It is sometimes suggested that a floating exchange rate will adjust to reduce or eliminate any current account deficit. Explain why this adjustment would occur. (10 marks) b. Explain how governments might give their local firms a competitive advantage in the international trade arena. (15 marks) (Total: 25 marks) (Grand Total: 50 marks)