πŸ“Š International Economics
Q. Which of the following statement is true
  • (A) a depreciation is likely to correct a deficit in bop when the demand for and supply of foreign exchange is more elastic
  • (B) a depreciation is likely to correct a deficit in bop when the demand for and supply of foreign exchange is less elastic
  • (C) a depreciation is likely to correct a deficit in bop when the demand for foreign exchange is more elastic and the and supply of foreign exchange is less elastic
  • (D) non of the above
πŸ’¬ Discuss
βœ… Correct Answer: (A) a depreciation is likely to correct a deficit in bop when the demand for and supply of foreign exchange is more elastic

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