An increase in the current account deficit will place ____ pressure on the home currency value, other things being equal.

Name: An increase in the current account deficit will place ____ pressure on the home currency value, other things being equal.
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Question

​An increase in the current account deficit will place ____ pressure on the home currency value, other things being equal.

Quizplus · Accepted Answer

An increase in the current account deficit indicates that the country is importing more goods and services than it is exporting. This leads to an increased demand for foreign currency, which puts downward pressure on the home currency value.

​An Increase in the Current Account Deficit Will Place ____

An Increase in the Current Account Deficit Will Place ____