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    International Economics Study Set 3
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    Exam 16: Theories of the Current Account Balance
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    If Devaluation Does Not Improve the BOT,but Only the BOP,this
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If Devaluation Does Not Improve the BOT,but Only the BOP,this

Question 11

Question 11

Multiple Choice

If devaluation does not improve the BOT,but only the BOP,this implies that


A) the capital account is in deficit.
B) the current account is in surplus.
C) the improvement comes in the capital account.
D) Both B and C.

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