A country experiences a decline in its exports and its imports. Which of the following is most likely to have caused these changes?
A decrease in the extent to which the country specialises
Which change will cause the exchange rate to appreciate?
An increase in domestic interest rates
A country is faced with a surplus in the current account of its balance of payments and unemployment. Which of the following would reduce both of these problems?
A decrease in its interest rates
Unlock this slideshow and over 3 million more with Baamboozle+