(19.6) The Hong Kong dollar depreciates by 5% against the U.S. dollar, but Hong Kong inflation also rises by 5%. What will happen to the Hong Kong current account? How would your answer differ if the...

(19.6) The Hong Kong dollar depreciates by 5% against the U.S. dollar, but Hong Kong inflation also rises by 5%. What will happen to the Hong Kong current account? How would your answer differ if the authorities managed to prevent inflation from increasing?