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Home Q & A Board Other Fields Homework Help Business Economics
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Chako Chako
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Posts: 2948
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8 years ago
Which of the following statements is MOST accurate?
A) A devaluation restores external balance in the long run, without causing immediate domestic inflation.
B) A devaluation restores internal and external balance immediately, without causing domestic inflation.
C) A devaluation restores internal and external balance immediately, but also causes domestic inflation.
D) A revaluation restores internal and external balance immediately, without causing domestic inflation.
E) A revaluation restores internal and external balance immediately, but also causes domestic inflation.
Textbook 
International Economics: Theory and Policy

International Economics: Theory and Policy


Edition: 10th
Author:
Read 121 times
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machukianmachukian
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#1
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8 years ago
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Chako Author
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#2
8 years ago
Makes a lot of sense, and you're right.. I appreciate the input
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#3
8 years ago
Don't forget to vote my answer as best Nerd Face
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