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A weaker currency will not always improve a country's balance of trade in that many international trade transactions have prearranged contracts that cannot be easily
A weaker currency will not always improve a country's balance of trade in that many international trade transactions have prearranged contracts that cannot be easily changed. This is called the:
Question options:
a
Maslow effect
b
J effect
c
Agency effect
d
None of the above
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