‘According to David Hume’s theory of automatic price adjustment, countries experiencing current account deficit see price levels decrease, making them more competitiveandincreasingexports. That makes...

‘According to David Hume’s theory of automatic price adjustment, countries experiencing current account deficit see price levels decrease, making them more competitiveandincreasingexports. That makes the current account deficit disappear.’. Critically explore this statement and provide examplesto confirm or disprove it.