Why might a 10% devaluation of a country's currency fail to improve its balance of trade deficit?

অন্যান্য International Economics 07 Oct, 2020

প্রশ্ন Why might a 10% devaluation of a country's currency fail to improve its balance of trade deficit?

  • ক.
    Other countries devalue their currencies by 15%
  • খ.
    Other countries revalue their currencies by 15%
  • গ.
    The demand for the country's imports is elastic
  • ঘ.
    The supply for the country's exports is elastic

সঠিক উত্তর

Other countries devalue their currencies by 15%

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International Economics