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If the demand for Home exports decreased abroad, the Home fall in output would be greatest

Chako

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If the demand for Home exports decreased abroad, the Home fall in output would be greatest

If the demand for Home exports decreased abroad, the Home fall in output would be greatest
A) if the decrease was permanent and the exchange rate was fixed.
B) if the decrease was temporary and the exchange rate was floating.
C) if the decrease was permanent and the exchange rate was high.
D) if the decrease was temporary and the exchange rate was fixed.
E) if the decrease was permanent and the exchange rate was floating.

Textbook

International Economics: Theory and Policy

Edition: 10^th

Author: Krugman

Read 99 times

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Chako Author

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8 years ago

I doubted this website before I signed up. I regret not being a member earlier lol

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machukian

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7 years ago

Happy to help you!

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