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

অন্যান্য
International Economics

প্রশ্নঃ 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 উত্তরঃ

Other countries devalue their currencies by 15%
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International Economics