Page 1 of 1
The foreign exchange market is able to correct a trade deficit by a depreciation of the nation's currency if the sum of
Posted: Sun May 29, 2022 7:00 pm
by answerhappygod
- The Foreign Exchange Market Is Able To Correct A Trade Deficit By A Depreciation Of The Nation S Currency If The Sum Of 1 (32.86 KiB) Viewed 13 times
The foreign exchange market is able to correct a trade deficit by a depreciation of the nation's currency if the sum of the absolute values of price elasticities of the US demand for imports and the foreign demand for US exports is greater than one. the sum of the absolute values of price elasticities of the US demand for imports and the foreign demand for US exports is less than one. the sum of the absolute values of price elasticities of the US supply of exports and the foreign supply of imports is greater than one. the sum of the absolute values of price elasticities of the US supply for imports and the foreign demand for US exports is less than one.