The currency of country X is pegged to the currency of country Y. Assume that county Y’s currency depreciates against the currency of country Z. It is likely that country X will export_to country Z and import_from country Z. a. more; more.b. less; less.c. more; less.d. less; more.

We know that Country Y's currency is depreciating against Country Z's currency. Hence we can say that the value of the currency of country X is more than the currency of country z.

So, country X Increase it's export and decreases import to earn more profit.

The currency of country X is pegged to the currency of country Y. Assume that county Y’s currency depreciates against the currency of country Z. It is likely that country X will export_______to country Z and import_______from country Z. a. more; more.b. less; less.c. more; less.d. less; more.

Respuesta :

Otras preguntas

The currency of country X is pegged to the currency of country Y. Assume that county Y’s currency depreciates against the currency of country Z. It is likely that country X will export_to country Z and import_from country Z. a. more; more.b. less; less.c. more; less.d. less; more.