6.1) A country would 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. 6.2) Which of the following statements about the open-economy AE (aggregate expendi- ture) model is incorrect (a) The open-economy AE curve is upward-sloping, with slope less than one. (b) The open-economy AE curve is flatter than the closed-economy AE curve. (c) The open-economy expenditure multiplier is bigger than the closed-economy ex- penditure multiplier. (d) None of the above