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Author Question: Which one of the following is likely to lead to persistent balance of payments deficits under fixed ... (Read 138 times)

corkyiscool3328

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on: May 25, 2020
Which one of the following is likely to lead to persistent balance of payments deficits under fixed exchange rates?
◦ A lower rate of growth at home than abroad
◦ The long-term development of import substitutes at home
◦ A growth in the country's monopoly power in the export market
◦ A lower income elasticity of demand for the country's exports than for its imports
◦ A higher rate of inflation abroad than in the domestic economy
Essential Economics for Business ¦ Sloman, Jones ¦ 5th Edition
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Marked as best answer by corkyiscool3328 on May 25, 2020

essyface1

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Reply #1 on: May 25, 2020
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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corkyiscool3328

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Reply 2 on: May 25, 2020
YES! Correct, THANKS for helping me on my review

jordangronback

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Reply 3 on: Yesterday
:D TYSM

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