After a Devaluation,all Other Things Being Equal,a Country's Balance of Payments

question 342

True/False

After a devaluation,all other things being equal,a country's balance of payments on the current account will likely increase.

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Definitions:

Citizenship

The status of being a legally recognized subject or national of a state or commonwealth with associated rights and duties.

Personal Jurisdiction

The legal authority of a court to involve a person in its proceedings, based on their connection to the court's location or involvement in the matter at hand.

U.S. Supreme Court

The highest federal court in the United States, which has ultimate appellate jurisdiction over all federal and state court cases that involve a point of constitutional or federal law.

Nonresident Defendant

A defendant in a legal action who does not reside in the jurisdiction where the lawsuit is filed.