Why do countries adjust their balance-of-trade? To depreciate or devalue its currency, an action that makes all of its p

Business, Finance, Economics, Accounting, Operations Management, Computer Science, Electrical Engineering, Mechanical Engineering, Civil Engineering, Chemical Engineering, Algebra, Precalculus, Statistics and Probabilty, Advanced Math, Physics, Chemistry, Biology, Nursing, Psychology, Certifications, Tests, Prep, and more.
Post Reply
answerhappygod
Site Admin
Posts: 899603
Joined: Mon Aug 02, 2021 8:13 am

Why do countries adjust their balance-of-trade? To depreciate or devalue its currency, an action that makes all of its p

Post by answerhappygod »

Why Do Countries Adjust Their Balance Of Trade To Depreciate Or Devalue Its Currency An Action That Makes All Of Its P 1
Why Do Countries Adjust Their Balance Of Trade To Depreciate Or Devalue Its Currency An Action That Makes All Of Its P 1 (41.94 KiB) Viewed 17 times
Why do countries adjust their balance-of-trade? To depreciate or devalue its currency, an action that makes all of its products more competitive pricewise when compared to foreign products. To bring about lower price increases, in general, than those in other countries. To bring about higher price increases, in general, than those in other countries. To depreciate or devalue its currency in order for all of its products to be less competitive price-wise when compared to foreign products.
Join a community of subject matter experts. Register for FREE to view solutions, replies, and use search function. Request answer by replying!
Post Reply