An increase in the inflation rate of one country relative to another country will probably cause
A) an increase in exports for the inflating country.
B) a balance of trade deficit for the inflating country.
C) a current account surplus for the inflating country.
D) an increase in the amount of official reserves held by the inflating country's central bank.
Answer: B
Economics
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In the United States, the strategy of monetary policy
a. has not changed even as the economic environment has varied. b. has been to target interest rates. c. has been to target the money supply. d. None of the above
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