Under a Flexible Exchange Rate System,what Can We Conclude If

question 11

Multiple Choice

Under a flexible exchange rate system,what can we conclude if a nation is running a deficit in its balance of merchandise trade?

• A)The nation must be running a surplus in the nonmerchandise components of its transactions with other countries.
• B)The nation's currency will depreciate.
• C)The nation must be running a deficit in the nonmerchandise components of its transactions with other countries.
• D)The nation's currency will appreciate.

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The process of converting information into a form that can be stored in memory.

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Electrical and chemical signals transmitted by neurons to communicate information throughout the body and brain.