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A devaluation of the home currency

Chako

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8 years ago

A devaluation of the home currency

A devaluation of the home currency
A) decreases demand and output.
B) increases demand for domestic goods and services.
C) makes domestic goods and services more expensive relative to those sold abroad.
D) increases output and makes domestic goods and services cheaper relative to those sold abroad.
E) makes foreign goods and services cheaper relative to those sold at home.

Textbook

International Economics: Theory and Policy

Edition: 10^th

Author: Krugman

Read 84 times

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machukian

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Chako Author

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#2

8 years ago

Correct!

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machukian

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#3

7 years ago

Thanks for the feedback, I'm sure others will appreciate it too

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