Top Posters
Since Sunday
7
j
7
s
7
e
6
6
b
6
f
6
s
6
6
j
5
n
5
p
5
Home Q & A Board Other Fields Homework Help Business Economics
New Topic  
tifftran tifftran
wrote...
Go to Answer
Posts: 61
Rep: 0 0
A month ago
If a country has persistent trade deficits, which is likely to eventually happen in the market for that country's currency if the country's central bank does not intervene?

▸ The demand curve for the currency shifts to the left resulting in an appreciation.

▸ The demand curve for the currency shifts to the right resulting in an appreciation.

▸ The demand curve for the currency shifts to the left resulting in a depreciation.

▸ The supply curve for the currency shifts to the left resulting in a depreciation.
Textbook 
Macroeconomics

Macroeconomics


Edition: 3rd
Authors:
Read 28 times
1 Reply
Replies
Answer verified by a subject expert
avi420avi420
wrote...
#1
Posts: 56
Rep: 0 0
A month ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
The demand curve for the currency shifts to the left resulting in a depreciation.
1

Related Topics

tifftran Author
wrote...

A month ago
Thanks
julymontalvo
wrote...

Yesterday
Good timing, thanks!
ediblefruitz
wrote...

2 hours ago
This calls for a celebration Person Raising Both Hands in Celebration
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  292 People Browsing
 484 Signed Up Today
Start New Topic Take the Tour Study Tips Study ToolsNew Topics Trending Browse by Textbook
Related Images
  
 661
  
 501
  
 554
Your Opinion
Do you believe in global warming?
Votes: 345
Previous poll results: What's your favorite math subject?