Suppose America experiences a negative balance on goods and services (imports higher than exports.) If the exchange rate decreases, then a . imports will be expensive. b . goods and services balance...


Suppose America experiences a negative balance on goods and services (imports higher than exports.) If the exchange rate decreases, then


a . imports will be expensive.


b . goods and services balance will remain unchanged.


c . deficit on goods and services will be reduced


d . deficit on goods and services will increase


e . None of the answers is correct



Jun 06, 2022
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