Top Posters
Since Sunday
1
New Topic  
gorgeous gorgeous
wrote...
Posts: 414
Rep: 0 0
4 years ago
Which one of the following is likely to lead to persistent balance of payments deficits under fixed exchange rates?

▸ A lower rate of growth at home than abroad

▸ The long-term development of import substitutes at home

▸ A growth in the country's monopoly power in the export market

▸ A lower income elasticity of demand for the country's exports than for its imports

▸ A higher rate of inflation abroad than in the domestic economy
Textbook 
Essential Economics for Business

Essential Economics for Business


Edition: 5th
Authors:
Read 62 times
1 Reply
Replies
Answer verified by a subject expert
Antoinette12Antoinette12
wrote...
Posts: 386
4 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

gorgeous Author
wrote...

4 years ago
Good timing, thanks!
wrote...

Yesterday
Thanks for your help!!
wrote...

2 hours ago
This helped my grade so much Perfect
New Topic      
Explore
Post your homework questions and get free online help from our incredible volunteers
  1064 People Browsing
Related Images
  
 212
  
 291
  
 557
Your Opinion
Where do you get your textbooks?
Votes: 447

Previous poll results: What's your favorite math subject?