When the domestic demand for imports is perfectly inelastic,a devaluation will _______ prices of imports in domestic currency and _________ the total domestic import value.
A) decrease, decrease
B) increase, increase
C) decrease, have no effect on
D) increase, have no effect on

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The Answer of When the domestic demand for imports is perfectly inelastic,a devaluation will _______ prices of imports in domestic currency and _________ the total domestic import value.
A) decrease, decrease
B) increase, increase
C) decrease, have no effect on
D) increase, have no effect on

When the Domestic Demand for Imports Is Perfectly Inelastic,a Devaluation