A decrease in the real exchange rate will tend to ________ exports and to ________ imports.

A. increase; decrease
B. decrease; decrease
C. decrease; increase
D. increase; increase

Answer: A

Economics

You might also like to view...

The price ceiling causes a

A. shortage of 45 units. B. surplus of 85 units. C. shortage of 85 units. D. surplus of 40 units.

View
Economics

Why does a monopsony increase employment when faced with an effective minimum wage law?

What will be an ideal response?

View
Economics