Solved

The Devaluation of a Currency Results in A(n)

Question 92

Multiple Choice

The devaluation of a currency results in a(n) :


A) initial increase in trade balance, but an eventual decline in the trade balance.
B) permanent decline in the trade balance.
C) permanent increase in the trade balance.
D) initial decrease in trade balance, but an eventual increase in the trade balance.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions