What outcome is most likely to follow a fall in the value of a country's currency when nothing else in the economy changes?
- AA trade in goods surplus will fall.
- BExport prices will rise.
- CImport prices will rise.
- DThe inflation rate will fall.
Economics 2281 · O Level · Foreign exchange rates
What outcome is most likely to follow a fall in the value of a country's currency when nothing else in the economy changes?