McqMate
| 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 |
| 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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