What is the sequence of events that could lead to trade surplus?
1. he selling nation’s currency value appreciates
2. import cost for the buying nation goes up
3. demand for foreign currency increases
4. import goes down in the buying nation
5. the buying nation’s currency value depreciates
Answers: 1
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What is the sequence of events that could lead to trade surplus?
1. he selling nation’s...
1. he selling nation’s...
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