Over time, a real depreciation in the value of a nation's currency should result in Select one: O a. exports rising and imports falling. O b. exports falling and imports rising. O. both imports and exports rising. O d. both imports and exports falling.

Brief Principles of Macroeconomics (MindTap Course List)
8th Edition
ISBN:9781337091985
Author:N. Gregory Mankiw
Publisher:N. Gregory Mankiw
Chapter13: Open-economy Macroeconomics: Basic Concepts
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Over time, a real depreciation in the value of a nation's currency should
result in
Select one:
a. exports rising and imports falling.
O b. exports falling and imports rising.
O. both imports and exports rising.
O d. both imports and exports falling.
Transcribed Image Text:Over time, a real depreciation in the value of a nation's currency should result in Select one: a. exports rising and imports falling. O b. exports falling and imports rising. O. both imports and exports rising. O d. both imports and exports falling.
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