A country would NOT be able to improve its trade balance via devaluation of its currency if (a) the foreign demand for t
Posted: Mon Apr 25, 2022 8:17 am
A country would NOT be able to improve its trade balance via devaluation of its currency if (a) the foreign demand for the country's export goods is inelastic (b) the domestic people's demand for imported goods is inelastic (c) all of the above (d) none of the above By twin deficits," we mean the coexistence of and (a) current-account deficit financial-account deficit (b) checking-account deficit; saving-account deficit (c) fiscal (budget) deficit; trade deficit (d) government-account deficit; business-account deficit