In a floating exchange rate system, when national savings falls then t
In a floating exchange rate system, when national savings falls then the equilibrium exchange rate
a. falls and the trade balance falls.
b. falls and the trade balance rises.
c. rises and the trade balance falls.
d. rises and the trade balance rises.
ANSWER
B
Expert paper writers are just a few clicks away
Place an order in 3 easy steps. Takes less than 5 mins.