As the value of a country's currency falls,its balance of trade should ________.
A) improve
B) decline
C) remain the same
D) either increase or decrease

Name: As the value of a country's currency falls,its balance of trade should ________. A) improve B) decline C) remain the same D) either increase or decrease
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Question

Quizplus · Accepted Answer

A falling currency makes exports cheaper and imports more expensive, thus improving the country's balance of trade.

As the Value of a Country's Currency Falls,its Balance of Trade