Multiple Choice
The plus items below are "export-type" entries and the minus items are "import-type" entries in the balance of payments for the hypothetical country of Zippo.
Refer to the given information.On the basis of its balance of payments position,and other things equal,we can expect the international value of Zippo's currency to:
A) increase.
B) decrease.
C) remain constant.
D) gyrate up and down.
Correct Answer:

Verified
Correct Answer:
Verified
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