An increase in a country's rate of inflation is apt to

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An increase in a country's rate of inflation is likely to worsen its balance of trade and payments. This is because higher inflation reduces the country's competitiveness in international markets, making its exports more expensive and reducing demand for them. Additionally, higher inflation can lead to increased imports, as consumers and businesses look to purchase cheaper foreign goods. This can further worsen the balance of trade and payments.

An Increase in a Country's Rate of Inflation Is Apt