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Part 3: Respond succinctly and precisely to each of the following scenarios. Hint: these are beginning with a currency value change; start from there, and

Part 3:Respond succinctly and precisely to each of the following scenarios. Hint: these are beginning with a currency value change; start from there, and do not consider what caused the change.

(h) The countries Zeta and Epsilon are trade partners. The currency of Epsilon depreciates relative to the currency of Zeta. Ceteris paribus, how will this change affect:

Epsilon's net exports? Explain.

the capital and financial account of Epsilon?

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