Assume that a country, due to speculation in the forcign exchange market, faces a sudden espital outflow (see figure below). If the country has high levels of foreign denorxinated debt and inadequate foreign reserves answer the following questions; [Questions 17,18,19] Question 17: In a free float foreign exchange rate regime the cotntry will experience immediately: a. an increase in. NX dhe to currency devaluation at NX b. business bankrupicies due to eurrency devaluation Ca devaluation of its currengy from w to es I a denaluation of its camency from ei to es with no change in NX c. all.of the above