If there is a balance of payments deficit then in a floating exchange rate system ?

Related Mcqs:

Technological improvements are similar to international trade since they both ?

A. Provide benefits for all producers and consumers B. Increase the nation’s aggregate income C. Reduce unemployment for all domestic workers D. Ensure that industries can operate at less than full capacity...

Free trade is based on the principle of ?

A. Comparative advantage B. Comparative scale C. Economies of advantage D. Production possibility advantage...

Import substitution is the replacement of ____ by domestic production _____ protection of ________?

A. exports, subsidies B. exports, patents C. imports, high tariffs or import quotas D. imports, subsidies...

International trade in goods and services tends to ?

A. Increase all domestic costs and prices B. Keep all domestic costs and prices at the same level C. Lessen the amount of competition facing home manufacturers D. Increase the amount of competition facing home manufacturers...

Output fell sharply in the transition economies because ?

A. banks were unable to function B. there was little corporate control C. vital infrastructure was missing D. All of the above...