McqMate
| Q. |
The effect of a depreciation of the domestic currency on the trade balance is likely to |
| A. | increase it in the short and long runs. |
| B. | decrease it in the short run and increase it in the long run. |
| C. | decrease it in the short and long runs. |
| D. | increase it in the short run and decrease it in the long run. |
| Answer» B. decrease it in the short run and increase it in the long run. | |
View all MCQs in
International Financial ManagementNo comments yet