Q.

If a country experiences high inflation relative to the UK, its exports to the UK should _______________, its imports should ___________, and there is __________ pressure on its currency's equilibrium value.

A. decrease; increase; upward
B. decrease; decrease; upward
C. increase; decrease; downward
D. decrease; increase; downward
Answer» C. increase; decrease; downward
858
0
Do you find this helpful?
1

Discussion

No comments yet

Related MCQs