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Please answer correct explain plz 2.1 tp 2.4 Don't answer by pen paper plz 2.1 Which one of the following would appear in the current
Please answer correct explain plz 2.1 tp 2.4
Don't answer by pen paper plz
2.1 Which one of the following would appear in the current transfers section of the current account? a) Imports of mobile phones b) Sale of insurance services to France c) Purchase of a plane by British Airways d) EU financial assistance received by British regions. 2.2 If the UK real interest rate rises what is likely to happen to exports and imports? Imports Exports Rise Fall Rise Rise Fall Fall Fall Rise Explain your answer: 2.3 A depreciation of the Pound is likely to result in a) An increase in imports b) A decrease in exports c) An increase in exports d) A contraction in Aggregate Demand Explain your answer: 2.4 Which of the following is most likely to cause a decrease in the UK's balance of payments deficit on the current account? a) Increase in the value of the Pound b) Decrease in income tax c) Increase in the rate of inflation d) Increase in the productivity of the workforce Explain yourStep by Step Solution
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