Question
In a floating exchange rate system, a current account deficit islikely to be corrected by a) a depreciation in its exchange rate b) an appreciation
In a floating exchange rate system, a current account deficit islikely to be corrected by
a) a depreciation in its exchange rate
b) an appreciation of the home currency
c) a prolonged period of hyperinflation
d) an expansion of domestic money
e) a decrease in domestic tax rates
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Economics
Authors: Roger A. Arnold
12th edition
978-1305758674, 1305758676, 978-1285738321
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