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wrightjb wrightjb
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4 years ago
Under fixed exchange rates, a country's balance of payments problems will NOT be caused by

▸ faster growth in this country.

▸ lower inflation in this country.

▸ relative inflation.

▸ the income elasticity of demand for imports being higher than that for exports.
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Essential Economics for Business

Essential Economics for Business


Edition: 5th
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ccnastopoulosccnastopoulos
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4 years ago
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wrightjb Author
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Brilliant ツ
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this is exactly what I needed
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Just got PERFECT on my quiz
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